Acquisition
2003年12月24日 - 9:25PM
RNSを含む英国規制内ニュース (英語)
RNS Number:6734T
Wilmington Group Plc
24 December 2003
Immediate Release 24 December 2003
WILMINGTON GROUP plc
Acquisition of real-time health news information company Agence de Presse
Medicale International SAS
The Board of Wilmington Group plc ("Wilmington") is pleased to announce that
Wilmington Business Information Limited, a wholly owned subsidiary, has today
acquired the issued share capital of Agence de Presse Medicale International SAS
("APM") from the Reuters Group.
The consideration for the acquisition was approximately #5.27 million and was
satisfied in cash on completion.
APM and its wholly owned subsidiary APM Media SARL (together "APM Group") are
based in Paris and provide a real-time health news information service in the
French language for a subscriber base of hospital managers, general
practitioners, pharmaceutical companies and government and public bodies.
The profits after tax* of APM Group for the 11 month period to 30 November 2003
were Euro917,000 (approximately #669,000) and the net assets* of APM Group as at 30
November 2003 were Euro626,000 (approximately #457,000).
The acquisition of APM will enable Wilmington to develop further its publishing
and information interests for the healthcare and pharmaceutical markets.
Wilmington already has substantial and growing interests in these markets
through its Binley's branded products and publication of relevant magazine
titles. It is anticipated that APM will contribute positively as a member of the
Wilmington Group.
* Based on unaudited management accounts.
Commenting on the acquisition of APM, Charles Brady, Chief Executive of
Wilmington, said:
"APM is an excellent fit with our existing assets in our Business Information
division. We remain focussed on specific sectors and, with the acquisition of
APM, we have broadened our product and international reach within the dynamic
healthcare and pharmaceutical markets".
For further information, please call:
Charles Brady
Chief Executive, Wilmington Tel: 020 7422 6800
Basil Brookes
Finance Director, Wilmington Tel: 020 7422 6800
Bobby Morse Mob: 07802 875 227
Suzanne Brocks Mob: 07776 234 600
Buchanan Communications Tel: 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
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