On 17 January 2018, the Boards of Informa and UBM announced a proposal to combine the two Groups to create a leading B2B information services group. The proposed combination is expected to be implemented through a share and cash offer by Informa for the entire share capital of UBM.
Informa would acquire UBM in a US$5.2 billion deal. The deal is still pending approval from the two boards and relevant regulators. Together, the two companies will become the world’s largest exhibition organizer with a global market share of approximately 6%.
This is a deal which did not appeal to Financial Times’s Lex Colum who called it: ‘blatant exhibitionism’.
Source: Financial Times