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Mecom sells German titles for €152m to repay debt
LONDON - David Montgomery's European newspaper group Mecom has sold its German titles, including ... The sale will help Mecom, which is chaired by former Mirror Group boss Montgomery, to repay some ... .de. Mecom, which has businesses in the Netherlands, Denmark, Norway, and Poland, said the sale would allow it to focus on its core assets. Shares in Mecom at 8.34am were up 37% at 2.74p. Cologne-based DuMont ...
By Jacquie Bowser / Brand Republic 13-Jan-09
Montgomery's Mecom looks at selling off assets amid tough trading conditions
LONDON - Mecom, the European newspaper publisher run by former Mirror Group boss David Montgomery ... several conditions. In return the lenders will not delay checking whether Mecom has breached its covenants from December 31 to February 28. In return, Mecom is to pay a one-off fee of 2.35m to its banks and increase its interest payments by equivalent of a 1.75 point rise. The advertising downturn has left Mecom ...
By Darren Davidson / Brand Republic 23-Dec-08
WPP shares at decade low as ITV sinks
publishing group Mecom, headed by former Trinity Mirror chief executive David Montgomery, suffered a 23 ...
By Staff / Brand Republic 24-Oct-08
City Republic: fears of high street downturn hit M&S
of the country's more venerable regional titles and, overseas, former Mirror boss David Montgomery's Mecom ...
By Stephen Foster / Brand Republic 02-Jul-08
Royal Wegener agrees to £548m Mecom acquisition
last year, is to be sold to European newspaper publishing group Mecom. ... Mecom is headed by former Mirror Group chief executive David Montgomery and owns newspapers in Sweden, Germany, Poland, Denmark and Ukraine. The offer agreed between Mecom and Royal Wegener values the latter at up to 806m ( 548m). Mecom already owns 20% of Royal Wegener. Royal Wegener sold its UK ...
By Daniel Farey-Jones / Brand Republic 10-May-07
McGreevy promoted to general manager of MGN Ireland
), through his investment vehicle Mecom. The acquisition of Wegener, the largest publisher of regional ... Trinity Mirror. Mecom, which already owns about 20% of Wegener, publisher of newspapers ...
By Jacquie Bowser / Brand Republic 09-May-07
NSPCC unveils Dream Auction with star-studded ad
The ads, created by United London, show a celebrity taking part in the eBay auction and the purpose is to raise £10m to fund the rollout of There4me.com , the NSPCC's interactive website that gives children access to online counselling. 'X-Files' star Gillian Anderson, Charles Dance and Ronnie ...
By by Sarah Woods / Brand Republic 11-May-06
Montgomery mulling £300m takeover bid for SMG
. Montgomery's investment vehicle Mecom has been buying SMG shares over a number of weeks. Its stake ... may ask the company to clarify its intentions. Mecom recently acquired two German regional ...
By by Daniel Farey-Jones / Brand Republic 27-Mar-06
Montgomery eyes up purchase of another German publisher
The Financial Times Deutschland reports that Hans Barlach, the owner of the Hamburger Morgenpost, is negotiating with Montgomery and US private equity specialist Veronis Suhler Stevenson. In November, Montgomery's investment vehicle Mecom and partner VSS took over German newspaper group Berliner Verlag ...
By by Daniel Farey-Jones / Brand Republic 27-Jan-06
Trinity Mirror confirms Blank's departure as chairman
as chairman. Who will buy the Daily Mirror? 2/1 Candover 7/2 Apax Partners 4/1 Mecom 5/1 Axel Springer 7 ...
By by Gordon MacMillan / Brand Republic 23-Jan-06
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