Cannes Lions owner Ascential mulls spinning off digital assets in the US

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Cannes Lions owner Ascential mulls spinning off digital assets in the US
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The company behind the Cannes Lions advertising festival is considering a break-up of part of its business, moving some of its operations to list on the US stock market

“Ascential confirms that it is in the early stages of evaluating the merits of a managed separation of certain assets of the group.”

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