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Recovery in full swing at Euromoney

Recovery in full swing at Euromoney

Buying back shares from its largest investor, DMGT (DMGT), has given Euromoney Institutional Investor (ERM) far more freedom to control its own strategy. To that end, the publishing group is in full M&A mode – within the last six months, it disposed of three businesses, plus its minority stake in Dealogic and acquired two new titles. The £86.8m of disposals have bulked up the balance sheet, giving Euromoney great scope to make further acquisitions.

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