Barclays now sees two Fed cuts this year, says jumbo Fed cuts ’very unlikely’
LONDON - Centaur Media Plc (LSE:CAU) has completed the sale of its MiniMBA business to Brave Bison Group plc for an enterprise value of £19 million, the company announced Friday.
The transaction, which was initially disclosed on June 25, involves the sale of The Mini Training Company Limited, comprising the trade and assets of MiniMBA. Centaur confirmed it has already received the proceeds from the sale.
The board of Centaur intends to return capital to shareholders following the transaction, though the specific amount, timing, and method of the capital return remain undetermined. The company stated it will consult with shareholders before finalizing these details.
"The quantum, timing and form of any such return of capital shall be at the discretion of the Board and further details will be announced in due course," the company said in its press release statement.
Centaur Media, which specializes in business information, learning, and specialist consultancy services for the marketing and legal professions, also announced it will release its interim results for the six months ended June 30, 2025, on September 17.
Following the divestiture, Centaur’s portfolio now consists of eight marketing brands - Marketing Week, Festival of Marketing, Creative Review, Econsultancy, Influencer Intelligence, Fashion & Beauty Monitor, Foresight News, and Oystercatchers - along with The Lawyer, which serves the legal sector.
Martin Rowland, Executive Chair, and Simon Longfield, Chief Financial Officer, are handling inquiries related to the transaction, with Singer Capital Markets acting as broker.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.