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The websites operator company claims to be the leading classifieds group in the Baltic region
Baltic Classifieds Group PLC has confirmed it intends to float on the London Stock Exchange at a price yet to be determined.
The company will come to the market by way of an initial public offering in which it aims to raise around €120mln in new capital, while existing shareholder ANTLER EquityCo, a company owned by funds advised by private equity group Apax, will also be selling off some of its shares.
The funds received from the flotation will be used to pay down debt.
The eastern England broadband network has received £1bn of investment from Mikhail Fridman s LetterOne vehicle Upp said it is extensively using Openreach s infrastructure
BT Group PLC (LON:BT.A) is facing increased competition from various directions, with reports that a Russian billionaire is funding the rollout of a rival superfast broadband network coming a day after newly merged rival Virgin Media O2 set out its plan to “shake up the market”.
Upp, which is planning to roll out full-fibre broadband in eastern England, has announced that LetterOne investment group has taken up its £1bn equity financing in full.
LetterOne is controlled by Mikhail Fridman, a Ukranian-born,
BT looks cheap on earnings metrics, but expensive on cash flow
BT Group PLC (LON:BT.A) is looking toppy according to Berenberg, which has downgraded its rating to hold .
Shares in the telecoms giant have risen by 75% since the German broker upgraded to buy in August last year.
Many of the catalysts that the broker predicted have happened, it said, and going forward the broker sees reasons to be more cautious.
Notably, guidance for the next two years is challenging and particularly BT s target of “at least £7.9bn EBITDA” in 2022/23.
Virgin Media and O2 UK getting approval also ratchets up the competition and Liberty Global is said to be readying plans for enlarged, long-term network build targets raising the concerns about overbuilding.
About the company
Live Company Group (LVCG) plc is a live events and entertainment group. LVCG was founded in 2017 by its Chairman David Ciclitira and was admitted to trading on the AIM market in December 2017 following the reverse acquisition of Brick Live Group and Parallel Live Group by Live Company Group plc (previously Parallel Media Group plc).
LVCG owns the BRICKLIVE
TM brand. BRICKLIVE is a global content provider for brick-based events, focused on creating an environment that encourages interactive play, fosters creativity, collaboration and physical experiences in an inclusive and safe environment.
How it is doing 14 Sep 2018 Chances are most people in the UK have held a LEGO brick at least once in their life, the colourful bricks are recognisable almost everywhere around the world, with ranges attracting adults and children alike.