Ascential (ASCL)

Sector:

Media

Index:

FTSE 250

310.20p
   
  • Change Today:
    -2.00p
  • 52 Week High: 318.00
  • 52 Week Low: 188.30
  • Currency: UK Pounds
  • Shares Issued: 445.79m
  • Volume: 62,898
  • Market Cap: £1,382.85m
  • RiskGrade: 204

Apax in exclusive talks to buy WGSN from Ascential - report

By Michele Maatouk

Date: Friday 29 Sep 2023

LONDON (ShareCast) - (Sharecast News) - Ascential shares shot higher on Friday morning following a report that a major buyout firm is in talks to buy its consumer data business, WGSN.
According to Sky News, Apax Partners has entered exclusive negotiations to buy WGSN from Ascential, which also owns the events organiser behind the Cannes Lions advertising festival.

City sources told Sky on Thursday that the discussions between Apax and Ascential were now at an advanced stage, with an agreement expected to be reached within a fortnight.

The price that Apax is expected to pay for the business is unclear, although market insiders said it was likely to be substantially below the £700m mooted earlier this year, Sky said.

At 0810 BST, the shares were up 5.2% at 208.10p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Ascential Market Data

Currency UK Pounds
Share Price 310.20p
Change Today -2.00p
% Change -0.64 %
52 Week High 318.00
52 Week Low 188.30
Volume 62,898
Shares Issued 445.79m
Market Cap £1,382.85m
RiskGrade 204

Ascential Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.79% below the market average38.79% below the market average38.79% below the market average38.79% below the market average38.79% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
66.72% above the market average66.72% above the market average66.72% above the market average66.72% above the market average66.72% above the market average
61.70% above the sector average61.70% above the sector average61.70% above the sector average61.70% above the sector average61.70% above the sector average
Income
50.06% below the market average50.06% below the market average50.06% below the market average50.06% below the market average50.06% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
96.01% below the market average96.01% below the market average96.01% below the market average96.01% below the market average96.01% below the market average
90.7% below the sector average90.7% below the sector average90.7% below the sector average90.7% below the sector average90.7% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 1
Sell 0
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ascential Dividends

  Latest Previous
  Special Interim
Ex-Div 20-May-24 29-Aug-19
Paid 03-Jun-24 27-Sep-19
Amount 128.60p 1.80p

Trades for 13-May-2024

Time Volume / Share Price
08:20 7 @ 310.20p
08:20 368 @ 310.20p
08:20 26 @ 310.20p
08:20 620 @ 310.20p
08:20 707 @ 310.20p

Ascential Key Personnel

Chair Scott Forbes
CFO Mandy Gradden
CEO Philip Thomas

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