Centaur Media prepares for strategic review
LONDON - Centaur Media, the publisher of The Lawyer and Mortgage Strategy, is recruiting a corporate adviser to carry out a strategic review that could lead to a change of ownership.
Centaur, which is listed on the Alternative Investment Market, has seen its share price drop from 155p a year ago to 82p on Friday, valuing it at £118m.
Graham Sherren, chairman and founder, owns a 5.9% stake in the company.
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Last year, Centaur, which also owns Money Marketing and Period Living, made an operating profit of £15.9m on turnover of £90.3m.
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Comments
pixie x - 17/03/2008
So, who is better...Centaur (who undercut and do dirty deals)or Haymarket (who don't)?