IFLR1000

Ascential LSE IPO

9/2/2016
IPO
Select tab

£ 800 million

$ 996.162 million

Completed

9/2/2016

Overview:

  • Ascential has undertaken an IPO on the LSE.
  • The deal values the company at £800 million with the company looking to raise £200 million.
  • The magazine business owns brands such as Retail Week and Health Service Journal and is owned by Guardian Media Group and Apax.
  • Merrill Lynch, BNP Paribas and Numis Securities acted as underwriters.

Sam Duke - Editor

Jurisdictions:

Luxembourg
United Kingdom

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Media

Firms:
Clifford Chance

Party: Merrill Lynch Pierce Fenner & Smith (Underwriter)

Party: BNP Paribas (Underwriter)

Party: Numis Securities (Underwriter)

Lawyer: Adrian Cartwright

Elvinger Hoss Prussen

Party: Apax Partners (Seller)

Freshfields Bruckhaus Deringer

Party: Guardian Media Group (Seller)

Simpson Thacher & Bartlett

Party: Apax Partners (Seller)

Party: Ascential (Issuer)

Lawyers: Clare Gaskell, Derek Baird, Nicholas Shaw

Travers Smith

Party: Ascential (Issuer)

Lawyers: Adrian West, Dan McNamee, Edmund Reed

Related deals