Jaywing to buy Bloom Media for £2.41m after AIM share placing

30.00 -0.00%-0.00 Max: 30.50 Min: 29.50 Volume: 6,038 MM 200 : n/a 16:45 01/09/16 7,602.95 0.28%21.44 Max: 7,634.45 Min: 7,578.33 Volume: 0 MM 200 : n/a 16:45 01/09/16 790.61 -0.09%-0.71 Max: 794.13 Min: 790.01 Volume: 0 MM 200 : n/a 16:45 01/09/16 Data science marketing agency Jaywing is to buy Bloom Media for £2.41m after a share placing on AIM, the London Stock Exchange’s junior market. The acquisition of the Leeds-based digital marketing agency, which is expected to be earnings enhancing, is payable on a cash and debt free basis, and will be financed from funds raised through a placing with new and existing investors and from a new bank debt of £1m. An additional £5.75m is payable subject to performance criteria over the next two years. The placing is…


Link to Full Article: Jaywing to buy Bloom Media for £2.41m after AIM share placing