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Announced

Acquisition of Flywheel Digital by Ascential plc

Synopsis

Acquisition of Flywheel Digital, a leading US-based provider of managed services to consumer product companies trading on Amazon, by Ascential plc, the global specialist information company focused on the digital economy, for an initial cash consideration of $60m plus earn out payments payable over three years. The transaction is expected to be earnings accretive in Ascential's current financial year.

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