December 8, 2017 / 1:48 PM / 2 years ago

BRIEF-Ascential ‍Has Says To Sell MEED To Globaldata For $17.5 Mln

Dec 8 (Reuters) - Ascential Plc:

* ‍HAS AGREED SALE OF MEED TO GLOBALDATA FOR A CONSIDERATION OF $17.5M, PAYABLE IN CASH​

* ‍SALE SUBJECT TO NORMAL WORKING CAPITAL ADJUSTMENTS​

* SALE HAS COMPLETED AND PROCEEDS WILL BE USED TO REDUCE ASCENTIAL’S NET DEBT. Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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