Rocca invests in magazine publisher

DUBLIN-based investment company, Rocca Holdings has bought a 12.5% stake in the Cork magazine publisher, Progressive News & Media.

Rocca invests in magazine publisher
Sat, 02 Aug, 2008 - 01:00

The investment — made through Rocca’s subsidiary company, Investmedia PR, values the media company at about €15 million.

The 12.5% stake was sold by Michael Mulcahy — one of Progressive’s directors and its chief executive.

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CourtsPlace: CorkPlace: Northern IrelandPlace: DublinPlace: MunsterPlace: ConnachtPerson: RoccaPerson: Michael MulcahyPerson: MulcahyPerson: Jonathan SmithPerson: Annette RoccaOrganisation: DublinOrganisation: Rocca HoldingsOrganisation: Investmedia PROrganisation: ProgressiveOrganisation: LeinsterOrganisation: Business Ulster
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