Centaur Media (LSE:CAU) has agreed to sell its legal information platform, The Lawyer, to Lighthouse Bidco Limited for £43 million. The move follows a broader strategic review aimed at unlocking shareholder value, coming shortly after the disposal of its MiniMBA business. Management said the sale will provide significant cash proceeds, with plans to consult investors on a potential capital return. Completion of the transaction is expected in early October.
Post-sale, Centaur intends to concentrate on its core marketing brands, aligning the business more closely with its long-term strategic objectives.
The company’s outlook is currently underpinned by favorable corporate developments and stable technical trends. However, pressure on revenues and profitability remains a concern. Valuation signals are mixed, with a negative price-to-earnings ratio offset by an attractive dividend yield.
About Centaur Media
Centaur Media is an international provider of specialist business information, training, and consultancy services, with a focus on the marketing and legal industries. Its mission is to inspire and support clients in achieving excellence, raising ambitions, and driving improved performance.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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