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Acquisition accelerates shift towards higher quality business streams

Professional information and events specialist Wilmington (WIL) is set to buy digital information and events business Health Service Journal from FTSE 250 media group Ascential (ASCL). Announced on 19 January, stockbroker N+1 Singer describes the £19m deal as ‘attractive’ and estimates it will provide a 9% boost to Wilmington’s earnings per share in the year ending June 2018.

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