Guardian takes a loss on Emap
March 15, 2010Guardian Media Group is set to take a big hit on its investment in publisher Emap, with an impairment of up to £150m. The group, which is undertaking a buy-back of about £100m of its £700m debt, is expected to write its original investment down by 50 per cent.
Source
http://www.cityam.com/news-and-analysis/guardian-takes-loss-emap
Related companies
Emap Ltd
Guardian Media Group plc
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