Incisive Media purchases Asian b2b publisher.Incisive Media (London), a business information provider operating in eight core markets, financial risk management, retail investment, insurance, mortgage, capital markets/financial IT, marketing, photography and private equity, has agreed to acquire the entire share capital of AVCJ AVCJ Asian Venture Capital Journal Group Ltd. (Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. ), a producer of information for the Asia-Pacific venture capital, private equity and M&A markets, for an initial consideration of $6 million and deferred earn-out consideration capped at $9 million payable over three years, subject to performance targets. AVCJ produces magazines, newsletters, conferences and directories for its target markets, including "Asian Venture Capital Journal," a weekly title that carries information on venture capital activities in the Asia-Pacific region, "M&A Asia," a magazine published 22 times a year to cover Asian acquisitions, mergers and joint venture activities, "Private Equity Asia," a monthly magazine that concentrates on buyouts, growth capital, company investing and distressed debt distressed debt Debt with low junk status and a market price substantially below par value, often pennies on the dollar. Investors sometimes buy distressed debt on the possibility that management can renegotiate loan agreements and keep the issuer out of , and "Chinese AVCJ," published 22 times a year in Simplified Chinese for 10,000 officials, venture capital professionals, entrepreneurs, investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. and consultants in China's venture community. All four titles have paid circulations. AVCJ also produces industry conferences and forums, regional and national private equity and venture capital research reports, and directories and databases. AVCJ had 2005 revenues of $3.3 million and a profit before taxes of $1 million. The company had gross assets of $1.9 million and net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. of $1.1 million. Incisive Media operates four main divisions: Financial Services ("Investment Week," "Private Equity Europe," International Investment," etc.), Risk Management ("Risk," "Energy Risk," "FX Week," etc.), Insurance & Legal ("Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. ," "Professional Broking Bro´king a. 1. Of or pertaining to a broker or brokers, or to brokerage. Redeem from broking pawn the blemished crown. - Shak. ," "Insurance Age," "Legal Week," etc.) and Marketing/Speciatist ("British Journal of Photography," "Hedge Funds & Investment Technology," "Inside Market Data," etc.). |
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