Diversified Communications to Sell Three Hong Kong Trade Events

Press release: Diversified Communications announced today that they have entered into an agreement with UBM Asia Limited (“UBM Asia”) to sell Restaurant & Bar Hong Kong (“RBHK”), Natural & Organic Products Asia (“NOPA”) and Retail Asia Expo (“RAE”) to UBM Asia Limited (“UBM Asia”) which concludes the company’s two-year strategic divestiture plan

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ITE disposes of Malaysian business to UBM

Press release:. ITE Group plc today announces that it has sold TradeLink ITE Sdn. Bhd., the owner of Metaltech, the metalworking exhibition in Malaysia, to UBMMG Holdings Sdn. Bhd., a subsidiary of UBM plc for a total cash consideration of MYR 23 million (£4.2m)1. The total consideration will be payable upon completion and the proceeds will be reinvested into the Group

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UBM Brazil acquires Grupo Energia

Press release: NEW YORK, March 01, 2018 (GLOBE NEWSWIRE) — UBM Brazil announced that it has acquired Grupo CanalEnergia, the leading events and media company in the Brazilian energy sector. The acquisition furthers UBM’s strategy to expand its operations in Brazil and in Latin American renewables

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Allworld deal isn’t quite all it seems

Allworld has plenty to recommend it. It’s focused on some of the most exciting markets in Asia, from Singapore and Malaysia to Thailand and Indonesia. But takeovers reliant on boosts to sales are much harder to pull off than those based on cost savings

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UBM acquires Allworld Exhibitions

Press Release: UBM plc (“UBM”, or the “Company”) announces today that it has agreed to acquire Allworld Exhibitions (“Allworld”, or the “Business”) for a cash consideration which values the Business at US$485 million on a debt and cash free basis

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Trade Shows and Digital Drive Business Media M&A, in That Order

The long-prophesied wave of b2b media consolidation has not come crashing down quite yet, but the sector still saw its fair share of significant mergers and acquisitions over the first six months of 2016. The year began in the wake of Cision’s $841 million purchase of PR Newswire from UBM, which continues to reassert it’s “events-first” business strategy.

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Informa acquires Light Reading

London-based research and events firm Informa has acquired telecommunications industry publisher Light Reading, along with research-oriented counterpart Heavy Reading, from CEO and founder Steve Saunders. Saunders will continue at Informa for a minimum of three years, under the title of digital publisher-in-chief

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