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Quarto Group Appoints Carolyn Bresh As Chief Financial Officer​

7:00am GMT

Jan 18 (Reuters) - Quarto Group Inc ::APPOINTMENT OF CHIEF FINANCIAL OFFICER.‍APPOINTED CAROLYN BRESH AS CHIEF FINANCIAL OFFICER​.‍BRIAN PORRITT, WHO JOINED QUARTO AS INTERIM CHIEF FINANCIAL OFFICER IN MAY 2017, WILL STAY WITH BUSINESS TO EFFECT A TRANSITION​.

DB Corp Dec Qtr Consol Net Profit Falls

6:21am GMT

Jan 18 (Reuters) - India's DB Corp Ltd ::SAYS BOARD UNANIMOUSLY DECIDED TO DEFER DIVIDEND PROPOSAL FOR NOW.DEC QUARTER CONSOL NET PROFIT 781.1 MILLION RUPEES VERSUS PROFIT 1.18 BILLION RUPEES YEAR AGO.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 5.99 BILLION RUPEES VERSUS 6.27 BILLION RUPEES YEAR AGO.

Informa Expects To Deliver More Than 3% Underlying Revenue Growth in FY 2017​

Wednesday, 17 Jan 2018

Jan 17 (Reuters) - Informa Plc ::‍CAN CONFIRM IN RESPECT OF 2017 FINANCIAL YEAR IT EXPECTS GROUP WILL DELIVER MORE THAN 3% UNDERLYING REVENUE GROWTH​.‍IN 2018 FINANCIAL YEAR, TARGETING UNDERLYING REVENUE GROWTH FOR GROUP OF MORE THAN 3.5% AND SUSTAINED UNDERLYING REVENUE GROWTH IN ALL FOUR DIVISIONS​.

Informa Offers To Buy UBM Plc

Wednesday, 17 Jan 2018

Jan 17 (Reuters) - UBM PLC ::PROPOSED COMBINATION OF INFORMA PLC AND UBM PLC.PROPOSED COMBINATION OF INFORMA PLC AND UBM PLC TO CREATE LEADING B2B INFORMATION SERVICES GROUP.‍PROPOSED COMBINATION WOULD BE IMPLEMENTED THROUGH A SHARE AND CASH OFFER BY INFORMA FOR ENTIRE SHARE CAPITAL OF UBM​.‍UNDER TERMS OF PROPOSED COMBINATION, UBM SHAREHOLDERS WOULD RECEIVE: FOR EACH UBM SHARE: 1.083 INFORMA SHARES; AND 163 PENCE IN CASH​.COMBINED GROUP WILL BE OWNED C. 65.5% BY INFORMA SHAREHOLDERS AND C. 34.5% BY UBM SHAREHOLDERS.‍DISCUSSIONS BETWEEN PARTIES REMAIN ONGOING REGARDING OTHER TERMS AND CONDITIONS OF PROPOSED COMBINATION​.PROPOSED COMBINATION IS EXPECTED TO RESULT IN SIGNIFICANT SYNERGIES FOR COMBINED GROUP.DEREK MAPP, CHAIRMAN OF INFORMA PLC, WOULD BE CHAIRMAN OF COMBINED GROUP.‍UBM SHAREHOLDERS WOULD BE ENTITLED TO RECEIVE FINAL UBM DIVIDEND IN RESPECT OF YEAR ENDED 31 DECEMBER 2017​.STEPHEN A. CARTER, CHIEF EXECUTIVE OF INFORMA PLC, WOULD BE CHIEF EXECUTIVE OF COMBINED GROUP.

Kenya's Nation Media Group Announces Group Wide Reorgani‍sation​

Wednesday, 17 Jan 2018

Jan 17 (Reuters) - Nation Media Group ::ANNOUNCES GROUP WIDE REORGANI‍SATION​.REORGANISATION WILL RESULT IN REDUCTION OF WORKFORCE‍​.

UBM ‍Says In Discussions With Informa Regarding Potential Combination Of Two Companies​

Tuesday, 16 Jan 2018

Jan 16 (Reuters) - UBM Plc ::‍IN DISCUSSIONS REGARDING A POTENTIAL COMBINATION OF TWO COMPANIES​.‍UBM AND INFORMA CONFIRM THAT THEY ARE IN DISCUSSIONS REGARDING A POTENTIAL COMBINATION OF TWO COMPANIES​.‍UBM AND INFORMA ARE IN PRELIMINARY DISCUSSIONS ABOUT DETAILS OF POTENTIAL COMBINATION​.‍THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE OR AS TO TERMS ON WHICH ANY OFFER MIGHT BE MADE​.

Sanoma To Sell Its Belgian Women’s Magazine Portfolio

Tuesday, 16 Jan 2018

Jan 16 (Reuters) - SANOMA OYJ ::SANOMA INTENDS TO SELL ITS BELGIAN WOMEN’S MAGAZINE PORTFOLIO.SANOMA INTENDS TO SELL ITS BELGIAN WOMEN’S MAGAZINE PORTFOLIO.‍ENTERPRISE VALUE OF DIVESTED ASSETS IS EUR 34 MILLION, REPRESENTING AN EBIT MULTIPLE OF 5.5​.‍NET SALES OF DIVESTED BUSINESS WERE APPROX. EUR 78 MILLION IN 2017 (PRELIMINARY FIGURE)​.‍TRANSACTION IS EXPECTED TO BE CLOSED BY END OF Q2 OF 2018.​.

Chengdu B-Ray Media Says Chairman Cao Jianchun Resigns Due To Change In Job Role

Monday, 15 Jan 2018

Jan 15 (Reuters) - Chengdu B-Ray Media Co Ltd <600880.SS>::SAYS CHAIRMAN CAO JIANCHUN RESIGNS DUE TO CHANGE IN JOB ROLE.

Meredith's Acquisition Of Time Inc Receives Antitrust Clearance

Friday, 12 Jan 2018

Jan 12 (Reuters) - Meredith Corp ::MEREDITH'S ACQUISITION OF TIME INC. RECEIVES ANTITRUST CLEARANCE.MEREDITH CORP - PLANS TO COMPLETE TRANSACTION WITHIN NEXT 30 DAYS​.MEREDITH CORP - ALSO INTENDS TO OFFER UP TO $1.4 BILLION IN AGGREGATE PRINCIPAL OF NEW SENIOR UNSECURED 8-YEAR NOTES.MEREDITH CORP - ‍INTENDS TO USE NET PROCEEDS OF PROPOSED OFFERING TO FUND PORTION OF ITS PROPOSED ACQUISITION OF TIME INC.​.MEREDITH CORP - INTENDS TO ALSO USE NET PROCEEDS OF PROPSED OFFERING ‍TO REPAY EXISTING MEREDITH & TIME INC INDEBTEDNESS & CREDIT FACILITIES​.

Meredith's Acquisition Of Time Inc Receives Antitrust Clearance

Friday, 12 Jan 2018

Jan 12 (Reuters) - Meredith Corp ::MEREDITH'S ACQUISITION OF TIME INC. RECEIVES ANTITRUST CLEARANCE.MEREDITH CORP - PLANS TO COMPLETE TRANSACTION WITHIN NEXT 30 DAYS​.MEREDITH CORP - ALSO INTENDS TO OFFER UP TO $1.4 BILLION IN AGGREGATE PRINCIPAL OF NEW SENIOR UNSECURED 8-YEAR NOTES.MEREDITH CORP - ‍INTENDS TO USE NET PROCEEDS OF PROPOSED OFFERING TO FUND PORTION OF ITS PROPOSED ACQUISITION OF TIME INC.​.MEREDITH CORP - INTENDS TO ALSO USE NET PROCEEDS OF PROPSED OFFERING ‍TO REPAY EXISTING MEREDITH & TIME INC INDEBTEDNESS & CREDIT FACILITIES​.

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