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IN BRIEF: Craven House Investee Magazinos Mulls IPO

18th Sep 2020 19:04

Craven House Capital PLC - investor - "Evaluating" opportunities for Magazinos.com 30%-owned investee, including a potential float or partial sale. "The board of Magazinos also believes that a flotation by means of IPO and/or partnering with a major industry investor should increase the awareness of Magazinos among magazine readers, publishers, advertisers and the general public," Craven House said.

Current stock price: USD0.60

Year-to-date change: down 74%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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