Wednesday, 12 February 2020, 5:44 pm
Another day, another confirmation for little old Betaville.
This time ICG, also known Intermediate Capital Group, sealed the deal to buy a signficant stake in Pageant Media.
Pageant Media is the publisher and owner of Hedge Fund Intelligence and EuroHedge, publications many of Betaville's readers know well...
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Wednesday, 22 January 2020, 1:13 pm
ICG is said to be the preferred bidder for Hedge Fund Intelligence-owner Pageant Media.
People following the situation said ICG, also known as Intermediate Capital Group, is now in "advanced talks" to buy Pageant Media for between £100 million and £150 million.
Bankers from DC Advisory are working with ICG on the acquisition said people familiar with the matter.
I expect a deal to be wrapped in the next few weeks, so keep an eye out for announcement.....
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