Incisive Media in £40m flotation
Incisive Media, the publisher of Investment Week and Post Magazine, is hoping to raise £40m in a flotation on the London Stock Exchange.
LONDON (Brand Republic) - Incisive Media, the publisher of Investment Week and Post Magazine, is hoping to raise £40m in a flotation on the London Stock Exchange.
Five of the company directors are expected to make up to £2m between them from the flotation. Of the remaining £38m, around £26m is expected to go to the City bank Dresdner Kleinwort Benson, which owned a large stake in Timothy Benn Publishing before it merged with City Financial Communications to form Incisive Media.
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