UBM PLC (UBM.L)
16 Mar 2018
Wed, Feb 28 2018
Informa , fresh from a 3.6 billion pound ($5 billion) agreement to buy rival UBM , will look for bolt-on deals to exploit its enlarged range of business-focused exhibitions, it said on Wednesday.
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 FROM CONTINUING OPERATIONS 294.2 MILLION STG
* UBM PLC - SELLING PRINT PUBLICATION, WEBSITE AND RELATED BUSINESSES TO WAINSCOT MEDIA Source text for Eikon: Further company coverage:
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
* NOW EXPECTS TO DELIVER ADJUSTED UNDERLYING ANNUAL EVENTS REVENUE GROWTH OF AT LEAST 5%
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