Monday, April 10, 2006

It's Monday morning. Have you monetized your non-core assets today?

United Business Media plc announced today that as part of its on-going process of monetising its non-core assets, it has completed the sale of its Culverhouse Cross site to ITV plc for a total consideration of GBP18.7m.

Press release from the company where I work (Brit-owned, hence the "s" in monetising). I take it that monetizing your non-core assets is kind of like selling stuff you don't want. You know, like a garage sale, only they got 19 million pounds.

1 comment:

Gina said...

That is precisely the sort of sentence that makes me wonder if my education was a waste or if I don't speak my native language properly. Esoteric mumbo-jumbo.