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20 Sep 2019 | 09:45

Matomy Media says due diligence progressing for Team Internet sale

Matomy Media said a potential buyer of its 90% stake in Team Internet had completed the initial phase of due diligence.

The parties would now proceed to the stage of drafting and negotiating definitive agreements.

This would be done in parallel to the potential purchaser completing updates that may be required in the due diligence process, Matomy Media said.

At 9:45am: (LON:MTMY) Matomy Media Group share price was +0.53p at 2.8p

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