It was originally reported that Future would buy five titles from Haymarket. However, Future will not now be acquiring Stuff. The consideration has therefore been reduced to up to £13m, including the issuance of 370,708 shares which are subject to lock-up restrictions for three months from the date of issue.
The four remaining titles generated revenue of £9.6m in the last financial year to June 2017.
UK, Bath & London
Future plc acquires five specialist consumer titles from Haymarket Media Group for £14M Posted on March 21, 2018
- Future plc to acquire Imagine Publishing for £14.2M Posted on June 23, 2016
- Kelsey Publishing acquires Auto titles and Triathlon Plus from Future for £2.1M Posted on July 25, 2014
- Immediate Media Co to acquire Future’s Sport and Craft titles Posted on May 29, 2014
- Profits rise at Future plc Posted on November 22, 2013
- Future acquires APC and TechLife – from Bauer Media Group in Australia Posted on August 16, 2013
- Future plc – interim results for the half-year ended 31 March 2013 May 22, 2013
- Future sells Classic Rock and Metal Hammer Posted on April 2, 2013
- Future plc interim management statement for the period from 1 October 2012 to date Posted on February 4, 2013
- Future Plc preliminary results – earnings boosted by digital growth Posted on November 27, 2012
- Future sells its US Music division to New Bay Media for $3M Posted on January 13, 2012
- Future PLC’s CEO & FD resign Posted on October 27, 2011
- Future Publishing emerges as a contender for BBC Worldwide’s magazine division Posted on February 24, 2011