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…




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John McDonnell tells the Gallery/Lobby lunch what the priest told him to do…

‘He persuaded me to do this. He said you need to soften your image. So do Mumsnet and do this…. I’m trying to soften my image.’

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