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Announced

Completed

The Financial Times completed the acquisition of Endpoints News.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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news organization

Single Bidder

Publishing

Acquisition

Friendly

United States

Private

Cross Border

Majority

Completed

Synopsis

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The Financial Times, a business news organisation, completed the acquisition of Endpoints News, a source of news and analysis for the thriving biopharmaceutical industry. Financial terms were not disclosed. “We’re thrilled to invest in Endpoints, a fast-growing business with a robust reputation for delivering quality news to audiences across the biopharma ecosystem. There is strong alignment between Endpoints and the FT in terms of mission, business model and focus on reader revenues. This acquisition also supports our ambitions to reach new audiences in innovative sectors and grow our footprint in the US,” John Ridding, FT CEO.

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