Cyclingnews moves into the Future

Future Publishing announced to the London Stock Exchange yesterday that it had completed the successful acquisition of Cyclingnews from the privately-held Australian media company, Knapp Communications Pty Limited, for £2.2m (AUS$5.25M).

Future is a publicly-listed special-interest media company based in Bath, UK, that publishes over 100 special interest magazines and 60 websites, with operations extending to France and the USA. The acquisition of Cyclingnews is a strategic move to build its online presence and consolidate its position in the cycling market.

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