Do Huntsworth and Engine Group intend to merge?

As Huntsworth’s half-year results were looming last week, and as the share price continued to flatline, one suspected the group would pull yet another rabbit from its top hat; few predicted that rabbit would be Lord Chadlington himself. For the full story read PR Week

read more

Skymet Weather raises $4.5M in Series B funding from Daily Mail arm, Omnivore

Noida- and Mumbai-based weather forecasting services provider Skymet Weather Services Pvt Ltd has raised approximately $4.5 million (Rs 27.6 crore) in its Series B round of venture financing from dmg::information Asia Pacific Pte Ltd, a subsidiary of British media conglomerate Daily Mail and General Trust plc (DMGT), with participation from existing investor Omnivore Partners.

read more

SourceMedia Acquired by Observer Capital

After an initial exploration of a sale two years ago, Investcorp has sold SourceMedia, a b2b publisher serving the financial and healthcare markets. Observer Capital is the buyer and it’s the first deal for the private equity firm since it was formed last year by Joseph Meyer, the CEO of Observer Media, which owns New York Observer

read more