StockMarketWire.com - Bloomsbury Publishing yesterday completed the acquisition of the entire issued share capital of Osprey Publishing Ltd, the Oxford-based military and natural history publisher, from private equity ownership, principally The Third Alcuin Fund LP, a fund managed by Alcuin Capital Partners LLP.

The consideration of £4.6m was satisfied by the payment of £3.2m in cash on completion and the issue of 869,054 new Bloomsbury ordinary shares to the value of £1.4m, which constitute approximately 1.2% of Bloomsbury's outstanding share capital. Osprey had approximately £0.3m of cash at the time of acquisition.



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