Communication

CMA Questions £15bn Merger as Vodafone and Three Respond
October 01, 2024 02:21 AM AEST| By Team Kalkine MediaHighlights:,Vodafone and Three addressed CMA concerns over their £15 billion merger, pledging to freeze tariffs for value customers and support MVNOs.,The companies expressed confidence that the merger will benefit consumers despite concerns about po...

Vodafone States No Shareholder Vote Needed for Three UK Merger
September 30, 2024 07:22 PM AEST| By Team Kalkine MediaHighlights,Vodafone Group PLC confirms that the merger with Three UK does not require shareholder approval under new UK listing rules.,The board believes the transaction is in the best interests of all security holders, facilitating quicker execution...

Rightmove Rejects Fourth Takeover Bid from REA Group
September 30, 2024 06:15 PM AEST| By Team Kalkine MediaHighlights:,Takeover Bid Rejected:,Rightmove declines a fourth takeover offer from REA Group, citing undervaluation.,Offer Details:,The latest proposal valued shares at 780p, including cash and equity components, along with a dividend.,Market Reactio...

UK Companies Ranked Third-Most Targeted as M&A Activity Rises
September 27, 2024 06:37 PM AEST| By Team Kalkine MediaHighlights,Surge in M&A Activity,: UK firms have experienced a significant increase in merger and acquisition activity, with expenditures reaching approximately £102.4 billion in the first nine months of the year, marking a 54% rise.,Foreign Investme...

Future Sees Decline After Shuttering Non-Core Units
September 26, 2024 09:00 AM AEST| By Team Kalkine MediaHighlights,Future PLC shares decline nearly 5% following confirmation of full-year results aligning with market forecasts.,The company is actively optimizing its portfolio by closing several low-growth assets, including print magazines and an externa...
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City Speculates REA's Rightmove Move as Final Attempt Before Hostile Action
September 25, 2024 10:36 PM AEST| By Team Kalkine MediaHighlights,Third Bid Rejected: Rightmove PLC has turned down a third acquisition proposal from Rupert Murdoch's REA Group, citing insufficient engagement and value.,REA's Frustration: The Australian rival expressed disappointment at the rejection and...

Digitalbox Achieves Revenue Growth Following Successful Acquisition
September 24, 2024 07:48 PM AEST| By Team Kalkine MediaDigitalbox PLC,(LSE:DBOX),has reported a return to revenue growth for the first half of 2024, exceeding its expectations while maintaining profitability. The company's revenue reached £1.6 million, a significant 32% increase compared to the same peri...

Digitalbox Achieves Year-on-Year Growth in Margins and EBITDA
September 24, 2024 07:47 PM AEST| By Team Kalkine MediaDigitalbox PLC,(LSE: DBOX),is a dedicated digital media company focused on profitable publishing on mobile platforms. It operates several popular brands, including,Entertainment Daily,,,The Daily Mash,,,The Tab,,,The Poke,, and,TV Guide,.,Recent Fina...

Rightmove Faces Third Bid from REA Group Amid Disappointment
September 23, 2024 09:06 PM AEST| By Team Kalkine MediaRightmove PLC,(LSE:RMV),, the leading UK property portal, has received a second revised offer from REA Group, which is owned by media mogul Rupert Murdoch. This latest proposal values Rightmove at approximately £6.1 billion and marks the third attemp...

S4 Capital Declines Following Another Disappointing Financial Statement
September 19, 2024 06:34 PM AEST| By Team Kalkine MediaS4 Capital PLC,(LSE:SFOR),, led by Martin Sorrell, experienced a significant decline in its share price, dropping by 11.5% following an interim trading update. This latest decrease brings the company’s year-on-year market losses to nearly 50%.,In the...

Vodafone Ordered to Withdraw Ads After BT Complaint
September 18, 2024 06:32 PM AEST| By Team Kalkine MediaVodafone Group PLC,(LSE:VOD),has been directed by the Advertising Standards Authority (ASA) to withdraw several advertisements following a ruling that deemed claims regarding its broadband services misleading. The decision arose after BT Group PLC,co...

LBG Media Triples Earnings Amid Growth in Direct Deals and US Presence
September 18, 2024 04:51 PM AEST| By Team Kalkine MediaLBG Media PLC,(LSE:LBG),, the parent company of LADbible and Betches, reported a substantial increase in underlying earnings for the first half of the year, achieving a 240% rise alongside a return to statutory profits. This growth was driven by a si...

Keywords Studios Optimistic About Growth Ahead of Acquisition
September 16, 2024 05:23 PM AEST| By Team Kalkine MediaKeywords Studios PLC (,LSE:KWS),released an interim trading statement on Monday, indicating a positive outlook for 2024 with expectations of substantial overall revenue growth. The statement highlights a 1.9% decline in organic revenues for the first...

Vodafone-Three Merger in Jeopardy After Competition Probe
September 13, 2024 08:27 PM AEST| By Team Kalkine MediaBritain’s competition watchdog has raised concerns about Vodafone Group PLC’s planned merger with Three. The Competition and Markets Authority (CMA) has conducted an investigation and concluded that the merger may lead to higher prices or reduced ser...

Vodafone (LSE:VOD) and Three Respond to CMA's Provisional Findings on Merger
September 13, 2024 04:42 PM AEST| By Team Kalkine MediaVodafone (LSE:VOD) and Three UK have voiced strong opposition to the Competition and Markets Authority's (CMA) provisional findings regarding their proposed merger. The companies argue that the merger represents a unique opportunity to revolutionize...

Rightmove's Rejection of £5.6bn Murdoch Bid Signals Higher Valuation
September 11, 2024 08:43 PM AEST| By Team Kalkine MediaRightmove PLC,(LSE:RMV),recently turned down a £5.6 billion bid from Rupert Murdoch’s REA Group, although analysts noted that the offer exceeded expectations.,Jefferies brokers reported that the bid, disclosed by REA on Wednesday, valued Rightmove sh...

Rightmove Rejects Takeover Offer from REA Group
September 11, 2024 06:52 PM AEST| By Team Kalkine MediaRightmove PLC,(LSE: RMV),has formally rejected a takeover offer from Australia's REA Group, led by Rupert Murdoch. REA’s proposal included 305p in cash and 0.0381 new shares for each Rightmove share, totaling 698p per share. If based on REA's closing...

Jefferies Upgrades Rightmove, Sees 'Probable' Offer from REA Group
September 09, 2024 10:50 PM AEST| By Team Kalkine MediaOn Monday, Jefferies upgraded Rightmove,(LSE:RMV),to ‘hold’ from ‘underperform’ and raised the price target to 720p from 450p, citing the potential for an offer following Australia’s REA Group's confirmation that it is evaluating a cash and share pro...

Next 15 Shares Halve as Major Client Departs
September 06, 2024 09:58 PM AEST| By Team Kalkine MediaShares in public relations firm Next 15,(LSE:NFG),experienced a sharp decline early on Friday following the announcement that one of its largest clients would not be renewing their contract. The client's decision to end their agreement after its init...

Next 15 Group Falls 50% as Customer Cancels £80 Million Contract
September 06, 2024 06:46 PM AEST| By Team Kalkine MediaNext 15 Group PLC (,LSE:NFG,) experienced a dramatic decline of nearly 50% in its share value following the announcement that its subsidiary, Mach49, has lost its contract with its largest client. The contract, which was due to end on December 31, 20...
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