Informa completes acquisition of UBM
The acquisition of UBM by Informa in a reported £3.9bn deal was completed at 3pm on Friday 15 June. New Informa shares have been admitted to the London Stock Exchange.
Stephen A. Carter, group chief executive, commented: “Today marks the start of an exciting chapter for Informa, as we combine our company with UBM to create a truly international B2B information services business.
“The new Informa Group will combine international scale, depth and breadth, and a broad range of specialist B2B capabilities to provide more options for customers, greater opportunities for colleagues and the potential to create significant value for shareholders.”
The new Informa Group, employing more than 11,000 people, will own and operate a portfolio of more than 500 leading exhibitions brands serving 15 core industry verticals including Health & Nutrition, Life Sciences & Pharma, and Real Estate & Construction. In addition, it will own a complementary portfolio of confex/conference brands, a range of specialist information and intelligence brands and strong capabilities in B2B consulting and marketing service.