UBM to Sell Data Services Business

Posted by Joachim Bartels | Feb 8, 2013 | B2B Marketing, B2B Media, Healthcare Information Services, Ownership Changes of Information Companies, UBM/United Business Media, United Kingdom | 0 |

U.K.-based media group UBM plc announced that it has received a binding offer from private equity firm Electra Partners LLP to purchase UBM’s Data Services business portfolio for US$251 million.

According to UBM, its data services segment also includes health, technology and IP, trade & transport, and paper business units – which generated revenue of US$298 million in 2011 and US$281 million in 2012.

Source: Business Strategies Group Hong Kong – www.bsgasia.com

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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