Euromoney is a global B2B information-services business. The company provides actionable data, analysis, intelligence, and access through three divisions: Fastmarkets, Financial & Professional Services (FPS), and Asset Management.
A consortium of funds bid £1.7bn for the company in July 2022. Though we nearly doubled our money, undoubtedly there was more upside. Sadly, it is the buyers who will benefit from the “sum-of-the-parts” that the astute Andrew Rashbass had painstakingly assembled.
Side note: at a fundamental level, we find it displeasing when our great British companies are being taken out, one after another. We want more and more good companies to be listed – not delisted from the London Stock Exchange.