Bonkers Bargains: offer sees shares climb
This financial services B2B media business has received an offer for a smaller part of the Group, at a price equivalent to the market capitalisation of the entire list group. Should they achieve a similar price for the remainder, our Bonkers Bargain should be in the money. Find out more in our updated note here.
Bonhill Group (LON: BONH), is a Business-to-Business media business specialising in financial services, providing media, events and data and analytics. The listed business in its current form was the creation of former CEO Simon Stilwell, who was appointed CEO of the formerly named Vitesse Media in August 2017 and set about rebuilding what had been an underperforming and loss making media business. Mr Stilwell was until 2015 Chief Executive of Liberum, the investment Bank that he co-founded in 2007. He grew Liberum from a start up to £55m of revenue and 170 people in seven years. Prior to Liberum, Mr Stilwell served as Head…