Informa PLC (INF.L)
20 Apr 2018
Tue, Apr 17 2018
* INFORMA PLC - INFORMA PLC'S OFFER FOR UBM PLC APPROVED BY 99% OF SHAREHOLDER VOTE Source text for Eikon: Further company coverage:
* UBM AND INFORMA TODAY CONFIRM THAT GOOD PROGRESS IS BEING MADE ON VARIOUS REGULATORY DISCLOSURES AND CLEARANCES IN RELATION TO INFORMA'S RECOMMENDED OFFER FOR UBM
Informa , fresh from a 3.6 billion pound agreement to buy rival UBM , will look for bolt-on deals to exploit its enlarged range of business-focused exhibitions, it said on Wednesday.
* Events revenue at Informa, UBM ahead of expectations (Adds CEO and analyst comments, details, share move)
Feb 28 British event organiser Informa Plc and its takeover target UBM Plc reported a rise in adjusted full-year earnings on Wednesday, helped by strength in their events businesses.
* FY ADJUSTED OPERATING PROFIT GROWTH: +31.3% TO £545.5M (2016: £415.6M)
LONDON Britain's Informa will achieve cost savings of at least 60 million pounds a year from its takeover of rival UBM , it said on Tuesday.
LONDON Britain's Informa will achieve cost savings of at least 60 million pounds ($84.6 million) a year from its takeover of rival UBM , it said on Tuesday.
* Takeover will create global leader in events and conferences
* EXPECTS TO REPORT 2017 FULL YEAR RESULTS IN LINE WITH EXPECTATIONS OUTLINED WITHIN ITS 10-MONTH TRADING STATEMENT PUBLISHED ON 9 NOV Source text for Eikon: Further company coverage: (Bangalore.firstname.lastname@example.org)
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