Emap readies bid for SRH

Article Abstract:

Emap is to make a takeover bid for Scottish Radio Holdings (SRH) before November's end, and has set up the team to achieve the takeover with a bid of around [pounds sterling]240 million. The merger will be mutually beneficial, as the combined entity will run radio stations and newspapers, compete on a level plane with GWR and Capital who are working towards a [pounds sterling] 711 million merger. Emap already holds 27.8% of SRH, which it acquired from SMG in January.

Periodicals, Periodical publishing, Scottish Radio Holdings PLC, Emap Communications

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TWG and Emap lift radio sector

Article Abstract:

Emap & The Wireless Group (TWG) consolidated in the radio sector. Emap bought over 28% stakes of SMG and TWG quoted 8.1 million pounds to buy Forever Broadcasting. TWG has plans to make investments in the digital sector.

Financial management, Company investment, Investments

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