Euromoney Institutional Investor (#ERM) – recommended 1461p per share offer
- 2022-07-18 07:59:59
Previously writing on B2B information services provider Euromoney Institutional Investor (ERM) I noted, with the shares further down from more than 1300p in January towards 900p, there also clear further deterioration potential in the events schedule for its financial year and in the financial position. Now “Updates on the strategic review and covid-19”...
Euromoney Institutional Investor (ERM) has updated concluding “we have made no changes at this stage to events originally scheduled from July up to and including September. Euromoney's financial position remains strong with net cash at the end of February 2020 of £12.2m and unused committed facilities of £240m”. However, already down from more than 1300p in January, the shares are currently further down towards 900p…









