Guardian-owned magazine business Ascential floats for £800m

the magazine business jointly owned by The Guardian’s publisher and private equity group Apax, has floated at 200p a share, giving it a market cap of around £800m. Guardian Media Group, which owns around a third of the business, and Apax, which owns two-thirds, will sell a 25pc stake in the company with shares priced between 200p and 210p.

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Reed Exhibitions acquires the leading commercial property trade show in Russia

Reed Exhibitions Russia today announces the acquisition of REX (Real Estate eXhibition) and its satellite Arenda (Commercial Leasing) trade shows. Launched in 2004, REX is a professional trade show dedicated to retail property. As the leading and largest event in the commercial real estate sector in Russia, REX attracts over 5,000 visitors. The next edition of REX will be held in Expocentre in Moscow on 20-22 April 2016

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Cohn & Woolf has acquired a majority stake in Grupa Maquina in Brazil

NEW YORK, Jan. 18, 2016 /PRNewswire/ — Cohn & Wolfe, a leading communications agency, today announced that it has acquired a majority stake in Grupo Maquina, one of Brazil’s largest and most widely respected public relations agencies. Maquina Cohn & Wolfe, with 240 employees across offices in Sao Paulo, Rio de Janeiro and Brasilia, has the combined talent and experience to meet demand for global integrated marketing services from Brazilian companies and multinational companies alike

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