UBM and Informa announce talks about a possible merger

UBM Plc and Informa Plc are in talks about a possible merger.

According to a statement from UBM, the proposed transaction is to be effected by way of an acquisition of the entire share capital of UBM by Informa for shares and a cash consideration.

UBM’s shares rose 5.22% today, though the price of Informa’s shares rose only slightly.

About Informa – Informa is one of the world’s leading B2B Events, Business Intelligence, and Upper Level Academic Publishing businesses. The company employs 7,500+ people globally, it has a presence in all major geographies, including North America, South America, Asia, Europe, the Middle East and Africa.
– Reported revenue for the year to December 2016 – £1345.7M
– Market cap £ 6,147.08M

About UBM – UBM has a long history as a multinational media company, and was the publisher of the Daily Express newspaper. Since 2015 it has rebranded itself as a purely B2B Events organiser. The company employs 3,750+ people, based in more than 20 countries, serve more than 50 different industry sectors – from fashion to pharmaceutical ingredients.
– Reported revenue for the year to December 2016 – £863M
– Market cap £2,944.53M

UK, London