July 27, 2015 / 6:16 AM / in 3 years

BRIEF-Progressive Digital Media to buy some assets from Informa for 25 mln stg

July 27 (Reuters) - Progressive Digital Media Group Plc

* Acquisition of business assets from Informa Plc

* Agreement to acquire Datamonitor Financial, Datamonitor Consumer, Marketline and Verdict Businesses from Informa for 25 million stg in cash

* Sale will be effected by Informa transferring businesses to Verdict Research Limited

* Completion is expected to occur within 30 days and will be funded from group’s existing cash resources and banking facilities Source text for Eikon: Further company coverage: [PRODM.L INF.L]

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