Company buys 40% stake in Forbes Africa

Forbes Africa

Emerald Group, through Media54 — its subsidiary focused on English-speaking African countries — has acquired a 40% equity stake in ABN Publishing, the publisher behind Forbes Africa. Emerald Group has previously launched Forbes Lusophone Africa, targeting Portuguese-speaking countries on the continent. “This investment is another stepping stone in our commitment and long-term strategy for Africa,” […]

FT hires Heeter to cover deals and activists

The Financial Times has hired The Information reporter Maria Heeter to cover mergers and acquisitions and activist investors. Heeter will start later this month and be based in New York. She has been covering a similar beat for The Information for the past year. Before that, Heeter was covering venture capital, cryptocurrency and finance for The Information. […]

Publisher becomes sole owner of Indianapolis Biz Journal

IBJ Media CEO and Publisher Nate Feltman became the company’s sole owner by purchasing the shares of longtime Indianapolis businessmen Mickey Maurer and Bob Schloss this month. A story on the Indianapolis Business Journal website states, “Since Feltman became part of IBJ Media leadership in 2017, the company purchased Inside INdiana Business, doubled the number […]

Bloomberg hires Barbaglia as M&A reporter in London

Bloomberg News has hired Pamela Barbaglia to cover mergers and acquisitions in France and the Benelux region. She is based in London. Barbaglia previously was with Reuters Breakingviews as a columnist for the past year. Previously, Barbaglia worked as a senior correspondent covering European mergers and acquisitions, chief correspondent for EMEA deals and M&A editor for EMEA since […]

FT seeks a US deals and activism correspondent

The US Deals and Activism correspondent at the Financial Times is a member of the New York-based corporate finance team responsible for breaking news on big deals involving US businesses. This is a news-driven beat, and success will largely be measured by generating scoops on important mergers and acquisitions and activist investors buying stakes in […]

Bloomberg seeks an M&A reporter in New York

Bloomberg News is looking for a mergers and acquisitions reporter in New York. The M&A beat is one of the most competitive and high-profile positions in the newsroom. It is a high-pressure job requiring thick skin and a can-do attitude. It is not easy — but it is incredibly exciting and rewarding. You will have […]

FT seeks US deals and corporate finance correspondent

The US Deals and Corporate Finance Correspondent is a member of the New York-based corporate finance team responsible for breaking news on big deals involving US businesses. This is a news-driven beat, and success will largely be measured by generating scoops on important mergers and acquisitions. You will have the chance to rove widely, getting […]

Thomson Reuters purchases World Business Media

Thomson Reuters said on Tuesday it acquired World Business Media Ltd., a subscription-based provider of news and analysis on the insurance and reinsurance market. Kenneth Li of Reuters reports, “The London-based company of about 25 employees will join the Reuters News division of Thomson Reuters. Its products include The Insurer, a digital news operation for editorial […]

Red Ventures explores sale of CNET

Red Ventures, the digital media and marketing juggernaut, has approached strategic buyers about offloading tech news and reviews site CNET, reports Sara Fischer of Axios. Fischer reports, “Red Ventures acquired CNET, along with a few smaller websites, from ViacomCBS, now Paramount Global, in 2020 for $500 million. It’s hoping to get at least half of that for CNET alone. […]

Cheddar News sold to Archetype for undisclosed amount

Cheddar News-owner Altice USA announced Thursday it has sold the financial news streaming service to the media company Archetype, which is owned by private equity firm Regent LP, reports Drew Richardson and Alex Sherman of CNBC. Richardson and Sherman report, “Terms of the deal were not officially disclosed, but a person familiar with the matter told CNBC it is […]