Published on : Wednesday, January 17, 2018
If the deal were to progress, Informa is likely to acquire UBM for cash consideration and shares.
UBM shareholders would receive 1.083 Informa shares and 163 pence in cash for each UBM share. It is likely that the combined group would be owned by about nearly 65.5% by Informa shareholders and 34.5% by shareholders of UBM.
UBM employs over 3,750 workers and organizers B2B events for a wide variety of industry sectors, right from fashion to pharmaceutical ingredients.
Informa also has a B2B events arm, a business intelligence and upper level academic publishing businesses. With over 7,500 colleagues internationally it enjoys a presence in major areas comprising North America, South America, Asia, Europe, the Middle East and Africa.
Stephen A. Carter who is the chief executive of Informa has said that they would be proposing the creation of a B2B Information Services Group that would be placed to serve a market demanding greater operating scale and industry specialization.
He feels that the combined group would be able to leverage international reach, cashflow and operational capabilities to take care of the full growth opportunities this creates.