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National World Considers Potential Acquisition Offer Amid Existing Scheme

Story Highlights
  • National World plc is a leading UK multimedia organization with a wide range of publications.
  • Eldridge Media Holdings is considering acquiring National World, potentially offering better value than an existing scheme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
National World Considers Potential Acquisition Offer Amid Existing Scheme

National World PLC ( (GB:NWOR) ) has shared an update.

National World plc has acknowledged an approach from Eldridge Media Holdings, LLC (EMH) regarding a potential acquisition of the company’s entire share capital. This comes after National World shareholders approved a scheme of arrangement for acquisition by Neo Media Publishing Limited. The board is considering the potential offer from EMH, which could provide superior value to shareholders, although no formal proposal has been received yet.

More about National World PLC

National World plc is one of the largest multimedia organizations in the UK, offering news and information services through a vast portfolio of publications and websites across the UK, Scotland, and Northern Ireland, covering news, sport, events, and information.

YTD Price Performance: -2.24%

Average Trading Volume: 291,981

Technical Sentiment Signal: Sell

Current Market Cap: £58.35M

See more insights into NWOR stock on TipRanks’ Stock Analysis page.

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