InterMail has announced that it has initiated a “strategic review” and engaged an advisor to assist them. It comes after the share price last week rose 13%.
InterMail: Ticker: IMAIL | Price: DKK 16,50 | Market Cap.: DKK 58M | YTD: 34%
The strategic review will clarify how InterMail can best position itself for the changes in the markets, which include extensive consolidation and a shift towards strong Nordic communications houses. InterMail also has an acquisitive growth strategy, and as the company grows on a Scandinavian level and significantly improves its earnings and cash flow, the company itself also becomes an increasingly interesting acquisition candidate for, among others, Nordic media houses.