Print Published 12th Oct 2011, 22:45

Porta reveals more financial details of Threadneedle deal

Porta Communications today published financial information that suggests it is paying a multiple of nearly 11 times the average adjusted profit after tax to acquire an 80% stake in Threadneedle Communications, or nearly eight times the adjusted average profit before tax and interest (EBIT) – see Porta kick starts life as PR consultancy.