Can You Belize It: Dods Buys Rival DeHavilland Ashcroft Pours in Another £6m – Increases Stake to 42.9%

In July last year Dods Plc, which Lord Ashcroft controlled 23% of at the time, bought PoliticsHome from two companies owned by Lord Ashcroft. In November Loss-making ePolitix.com and the House Magazine were merged with loss-making PoliticsHome. Today it seems Dods have made a real purchase rather than merely streamlining the paperwork. They are buying their rival DeHavilland Political Intelligence from Emap for £12.8 million. A merger is only a matter of time…

Given that Ashcroft has already made losses in the region of £5 million since his sojourn into the online political world began two years ago, a money-making plan is long overdue:

Dods will be placing two hundred million new ordinary shares at 5.5p each. Ashcroft has already increased his stake in the company to 42.9% by buying over half of them. Another £6 million ploughed in…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

David David responds when asked if he’s confident he can make a success of Brexit:

“Why on earth could it go wrong?”

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Seamus Officially Leaves Guardian Seamus Officially Leaves Guardian
Article 50 Splits Shadow Cabinet Article 50 Splits Shadow Cabinet
Revenge Porn Momentum Candidate Quits Revenge Porn Momentum Candidate Quits
Red Len’s Hospitality Hypocrisy Red Len’s Hospitality Hypocrisy
Momentum Man is Porn Baron Momentum Man is Porn Baron
PMQs Sketch – Labour MPs Googling Museum Directorships PMQs Sketch – Labour MPs Googling Museum Directorships
NEC Fudges Danczuk Decision NEC Fudges Danczuk Decision
Investigation: Wrecking Peers in Pay of Unis Investigation: Wrecking Peers in Pay of Unis
Bromentum: All Male Shortlist Bromentum: All Male Shortlist
Nuttall Set to Stand in Stoke Nuttall Set to Stand in Stoke
One Line Whip As Whips On A Jolly One Line Whip As Whips On A Jolly
Leaving The Protectionist Union Leaving The Protectionist Union
Labour Drops Student Anti-Semitism Probe Labour Drops Student Anti-Semitism Probe
Israeli “Plot”: Latest Israeli “Plot”: Latest
Video: Putin on Russian Prostitutes Video: Putin on Russian Prostitutes
New European: Leave Voters “Lager Louts” New European: Leave Voters “Lager Louts”
Sion Simon Deletes Pro Remain Statement Sion Simon Deletes Pro Remain Statement
John Woodcock’s Fake News John Woodcock’s Fake News
May’s Brexit Plan – Full Text of Speech May’s Brexit Plan – Full Text of Speech
May Speech: Briefed Quotes May Speech: Briefed Quotes