The biggest question comes right from Tim Cobbold’s strategic presentation in which he makes clear that the global exhibition industry is attractive because it is growing at 5% annually and yet remains fragmented. But the (almost) single-minded pursuit of “events” may be flawed
UBM’s aquisition of Advanstar in December created the largest US events business by revenue and a global industry giant
All 54 of Advanstar’s tradeshows
would rank among UBM’s 2013 top 100 events
Commenting on the strategy update, Tim Cobbold said: “Events First recognises that the Events industry is a highly attractive,
growing, global industry in which UBM is already a leading player. We have the
opportunity to establish UBM firmly as the leading B2B events business globally
and thereby to create substantial value for shareholders.”
Commenting on the strategy update, Tim Cobbold said: “Events First recognises that the Events industry is a highly attractive,
growing, global industry in which UBM is already a leading player. We have the
opportunity to establish UBM firmly as the leading B2B events business globally
and thereby to create substantial value for shareholders.”
Media Briefing unpicks UBM’s strategy announcement: The life cycle of events, with a few notable exceptions, tends to be much shorter than for content brands. That’s why valuation multiples for trade show businesses have been historically lower than for data and content businesses. A singular focus on looking after the big and mature events will […]
UBM, which has a market capitalisation of £1.4bn, announced on Wednesday that the proposed purchase will be funded by a £563m rights issue and a $100m bridge facility
UBM plc announces the proposed acquisition of the entire issued and outstanding capital stock of VSS-AHC Consolidated Holdings Corp (also known as Advanstar Communications) from the current shareholders of Advanstar for a total cash consideration of US$972 million (£599 million)
To fund the potential deal, UBM was likely to need to carry out a rights issue or sell PR Newswire, its division that helps companies distribute announcements online, analysts said
UBM Plc (UBM.L) is in advanced talks to acquire privately-held U.S. trade show organizer Advanstar for around $900 million, according to people familiar with the matter
UBM Plc (UBM.L) is in advanced talks to acquire privately-held U.S. trade show organizer Advanstar for around $900 million, according to people familiar with the matter
In an RNS UBM confirmed today that discussions were in progress with Advanstar but declined any further details
Privately held U.S. event marketing company Advanstar, which puts on trade shows in industries such as fashion and healthcare, is exploring a sale that could fetch more than $900 million
Privately held U.S. event marketing company Advanstar, which puts on trade shows in industries such as fashion and healthcare, is exploring a sale
Messe Frankfurt has joined forces with US tradeshow organiser Advanstar Communications on the launch of of Automechanika Chicago in 2015
Advanstar Global has acquired ENK International’s portfolio of fashion events across the US, Europe and Asia.
