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XLMedia Sees 2019 Adj. EBITDA To Reduce By $6-7 Mln

Tuesday, 26 Feb 2019 02:01am EST

Feb 26 (Reuters) - XLMedia PLC ::STRATEGIC AND TRADING UPDATE.WILL INCREASE INVESTMENT ACROSS ITS HIGHER MARGIN PUBLISHING ACTIVITIES.DECISION TO MATERIALLY REDUCE CERTAIN PARTS OF ITS MEDIA ACTIVITIES.INTENDS TO FOCUS ON ITS PUBLISHING EXPERTISE.TRADING FOR 2019 HAS STARTED IN LINE WITH MANAGEMENT'S EXPECTATIONS ALTHOUGH STILL SEEING OPERATIONAL AND REGULATORY HEADWINDS.STRATEGIC SHIFT AWAY FROM MEDIA IS EXPECTED TO REDUCE 2019 REVENUES BY APPROXIMATELY US$30 MILLION.EXPECTED REDUCTION IN 2019 ADJUSTED EBITDA OF BETWEEN US$6-7 MILLION.COMMITTED TO MAINTAINING A PROGRESSIVE DIVIDEND POLICY.SEEKS TO CONTINUE TO PAY OUT AT LEAST 50 PER CENT OF ADJUSTED NET PROFIT BY WAY OF DIVIDEND.

Clear Channel Outdoor Holdings Announces New Post-Emergence Board Of Directors

Monday, 4 Feb 2019 07:40am EST

Feb 4 (Reuters) - Clear Channel Outdoor Holdings Inc ::CLEAR CHANNEL OUTDOOR HOLDINGS, INC. ANNOUNCES NEW POST-EMERGENCE BOARD OF DIRECTORS.CLEAR CHANNEL OUTDOOR HOLDINGS INC - BENJAMIN MORELAND WILL SERVE AS LEAD INDEPENDENT DIRECTOR ON BOARD OF DIRECTORS..CLEAR CHANNEL OUTDOOR HOLDINGS INC - EFFECTIVE UPON IHEARTMEDIA'S EMERGENCE FROM RESTRUCTURING, WILLIAM ECCLESHARE TO BECOME CEO OF NEW CO.CLEAR CHANNEL OUTDOOR HOLDINGS INC - CURRENT BOARD OF DIRECTORS WILL REMAIN IN PLACE UNTIL IHEARTMEDIA EMERGES FROM ITS RESTRUCTURING.CLEAR CHANNEL OUTDOOR HOLDINGS - UNTIL CO EXITS RESTRUCTURING PROCESS, BOB PITTMAN & RICH BRESSLER TO CONTINUE CURRENT LEADERSHIP ROLES FOR CCOH.

Qms Media Plans To Undertake A Strategic Realignment Of Sports Business

Thursday, 13 Dec 2018 05:06pm EST

Dec 14 (Reuters) - QMS Media Ltd ::PLANS TO UNDERTAKE A STRATEGIC REALIGNMENT OF ITS BUSINESS TO FURTHER POSITION IT FOR FUTURE GROWTH.QMS IS UNDERTAKING A THOROUGH EVALUATION OF ALL OPTIONS AVAILABLE TO COMPANY RELATING TO ITS SPORTS BUSINESS.CLSA AUSTRALIA APPOINTED TO UNDERTAKE REVIEW OF OPTIONS FOR SPORTS BUSINESS.

Stroeer 9-Month Adjusted Earnings Up 18 Percent From € 101 Million To € 119 Million

Tuesday, 13 Nov 2018 01:16am EST

Nov 13 (Reuters) - Stroeer SE & Co KGaA ::9-MONTH ADJUSTED EARNINGS UP 18 PERCENT FROM € 101 MILLION TO € 119 MILLION.9-MONTH CONSOLIDATED SALES GREW SIGNIFICANTLY BY 28 PERCENT FROM 870 MILLION EUROS TO 1,113 MILLION EUROS.FOCUS ON GERMAN CORE BUSINESS AND SUCCESSFUL SALE OF OOH ACTIVITIES IN TURKEY.9-MONTH OPERATIONAL EBITDA INCREASED BY 15 PERCENT FROM € 317 MILLION TO € 364 MILLION.CONFIRMS GUIDANCE 2018 OF 375 MILLION EUR OPERATIONAL EBITDA BEFORE IFRS EFFECTS WITH TOTAL GROUP SALES OF AROUND 1.6 BILLION EUR.

MCH Group Plans Reorganization By Year-end

Friday, 2 Nov 2018 02:05am EDT

Nov 2 (Reuters) - MCH Group AG ::WILL TAKE FURTHER MEASURES BY YEAR-END TO REDUCE COSTS, FOCUS STRATEGIC INITIATIVES AND INVESTMENTS, AND STREAMLINE THE ORGANIZATION.

Dentsu says conclusion of capital and business alliance agreement with SEPTENI HOLDINGS and takeover bid for shares of SEPTENI HOLDINGS

Tuesday, 30 Oct 2018 03:01am EDT

Oct 30(Reuters) - Dentsu Inc <4324.T>:Says it plans capital and business alliance with Septeni Holdings Co Ltd <<<4293.T>>>.Says it offers a takeover bid for up to 26.9 million shares of Septeni Holdings, at the price of 260 yen per share, during period from Oct. 31 to Dec. 11.Settlement starts on Dec. 18.Says Septeni Holdings will issue 23.3 million new shares and distribute 10.7 million shares through private placement to the company, at the total payment amount of 8.85 billion yen, with a payment period from Dec. 18 to Feb. 7, 2019 .Says the company will hold 20.99 percent voting power in Septeni Holdings after the takeover bid and the private placement and will become top shareholder of Septeni Holdings .

Dentsu says conclusion of capital and business alliance agreement with SEPTENI HOLDINGS and takeover bid for shares of SEPTENI HOLDINGS

Tuesday, 30 Oct 2018 03:01am EDT

Oct 30(Reuters) - Dentsu Inc <4324.T>:Says it plans capital and business alliance with Septeni Holdings Co Ltd <<<4293.T>>>.Says it offers a takeover bid for up to 26.9 million shares of Septeni Holdings, at the price of 260 yen per share, during period from Oct. 31 to Dec. 11.Settlement starts on Dec. 18.Says Septeni Holdings will issue 23.3 million new shares and distribute 10.7 million shares through private placement to the company, at the total payment amount of 8.85 billion yen, with a payment period from Dec. 18 to Feb. 7, 2019 .Says the company will hold 20.99 percent voting power in Septeni Holdings after the takeover bid and the private placement and will become top shareholder of Septeni Holdings .

Intage Holdings says management integration between units

Friday, 19 Oct 2018 02:39am EDT

Oct 19(Reuters) - Intage Holdings Inc <4326.T>:Says its wholly owned unit ANTERIO Inc. will merger with the company's wholly owned unit ASKLEP Inc.Merger effective April 1, 2019.Says ASKLEP Inc will be dissolved after the merger .

CyberAgent to merge with wholly owned unit

Thursday, 30 Aug 2018 02:30am EDT

Aug 30 (Reuters) - CyberAgent Inc <4751.T>:Says it will merge with a wholly owned unit AI Messenger, Inc., effective Nov. 1 .Says the unit will be dissolved after merger .

Dentsu Considering Changes In Group Holding Structure

Thursday, 9 Aug 2018 02:32am EDT

Aug 9 (Reuters) - Japan's Dentsu Inc <4324.T>::CONSIDERING CHANGES IN GROUP HOLDING STRUCTURE.CHANGES ARE LIKELY TO OCCUR IN JANUARY 2020, DEPENDENT ON SHAREHOLDERS' APPROVAL.CURRENTLY EXISTING DENTSU INC WOULD BE SPLIT INTO AN OPERATING COMPANY AND A PURE HOLDING COMPANY.HOLDING COMPANY WOULD HOLD SHARES OF POST-SPLIT OPERATING COMPANY, EXISTING OPERATING COMPANIES IN JAPAN, AND SHARES OF DENTSU AEGIS NETWORK.

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