It is reported in today’s FT that the regional newspaper group Newsquest has responded to a modest demand for shares by lowering the maximum price of shares from 290p to 270p. Brokers SBC Warburg Dillon Read and Merrill Lynch reduced the price after a share building exercise failed to show much demand for shares at the top of the original range.
The maximum price of 270p means that Newsquest will have a market value not greater than £540m.
Newsquest: 0171 420 2700
Media Jobs
Hello. We have downloaded cookies on your device. Some of these cookies are essential for the website to function. Others are non-essential and are used for analytics and advertising.
We need your consent for these types of cookies.
To withdraw your consent or change your cookie choices, please do this through your browser settings.
Otherwise, click OK to accept and continue.
