Posts by mwright

Condé Nast has dumped its £234m stake in Farfetch amid concerns over how the luxury marketplace is managed.

According to Zenith internet advertising is set to cross the 50% milestone as a proportion of global ad spend for the first time this year, despite a slight slowdown in overall adspend growth from 4.7 to 4.6% since March.

Easyfairs, the global exhibition organiser has acquired the Aesthetics Media portfolio which includes the Aesthetics Conference & Exhibition (ACE), the Aesthetics journal print and digital platform and the Aesthetics Awards.   

Thomson Reuters is expanding its audit offering with the acquisition of Confirmation, a provider of secure audit confirmation services, primarily for banking and financial services

Texas Monthly and Conde Nast’s W magazine each announced they are moving to new ownership today. W magazine will join Surface and Watch Journal under a newly formed media company dubbed Future Media Group. W will operate offices in Paris, Milan and New York with a future bureau to open in Los Angeles, under Future Media Group.

Deal positions AgriBriefing to continue building the leading business information, price reporting and data specialist for the global food and agribusiness industry with funding in place to support further M&A opportunities

DVV Media International Ltd (DVV) has today announced its intention to acquire the publishing activities and conferences in the aviation sector from Reed Business Information Ltd (RBI), part of the Risk & Business Analytics (R&BA) market segment of RELX.

Media 10 has sold Asia’s leading design sector events Design Shanghai and Design China Beijing to Clarion Events.

Deal will see CVC take on stake in Teneo acquired by BC Partners in 2015

Centaur Media Plc (“Centaur” or the “Group”), an international provider of business information and specialist consultancy, today announces that it completed the sale of its engineering portfolio, including The Engineer and Subcon, on 31 May 2019.

Amazon has further boosted its credentials as a real threat to Google and Facebook’s digital dominance with the acquisition of Sizmek’s ad server and Dynamic Creative Optimization (DCO) business.

Naylor Association Solutions has announced the acquisition of TechMedia, the leading producer of digital marketing conferences in the United States. TechMedia’s 20 Digital Summit conferences bolsters Naylor’s already-strong portfolio of custom member communications, event management, software-as-a-service (SaaS) and association management services.

The board of Bidco and the Independent Tarsus Directors are pleased to announce that they have reached agreement on the terms of a recommended cash acquisition by Bidco, a wholly-owned indirect subsidiary of the Charterhouse Funds, of the entire issued and to be issued ordinary share capital of Tarsus.

Informa (LSE: INF.L), the International Exhibitions, Events, Information Services and Scholarly Publishing Group, today announces further Progressive Portfolio Management (“PPM”) through an agreement with information services group, IHS Markit, that sees Informa’s Agribusiness Intelligence Portfolioexchanged for IHS Markit’s leading portfolio of TMT brands, further enhancing Informa Tech.

UDG Healthcare plc (“the Group”), a leading international healthcare services provider, is pleased to announce two acquisitions in its Ashfield Communications and Advisory business. Putnam Associates (“Putnam”), a US-based strategic management healthcare consultancy, is being acquired for a total consideration of up to $88.6 million, and Incisive Health, a UK-based healthcare policy and communications consultancy, is being acquired for a total consideration of up to £13.6 million ($17.7 million).

Huntsworth plc, the healthcare and communications group, today announces the acquisition of 70% of Creativ-Ceutical S.A.R.L. (“CC”), a Luxembourg company, from 100% shareholder Avicenne Invest S.A., a company connected to CC’s founder Pr Mondher Toumi for an initial cash consideration of €15.5 million, and the acquisition of 85% of Kyne Communications, LLC and Kyne Communications Limited through direct and indirect interests (together, “KYNE”) from founder and majority shareholder David Kyne and his wife Jacqueline Kyne together with associates for an initial cash consideration of $17.4 million. The Group also announces a successful placing raising gross proceeds of £16.3 million (the “Placing”) to part-fund the acquisitions, with the balance (approximately £12 million) to be funded from existing debt facilities.

The organiser of IndiaCorr Expo, Reed Exhibitions, has announced the acquisition of Mumbai-based Next Events’ flagship packaging exhibition portfolio PackPlus.

Dotdash,  the former About.com, has acquired Brides from Condé Nast, one of three brands the magazine publisher put up for sale this year. Terms of the Brides deal, which closed today, were not disclosed.

Immediate Media Co, the special interest content and platform company, has announced the acquisition of a majority stake in River Street Events Ltd. The deal sees Immediate acquire the remainder of the business in late 2020.

Mass media company Discovery, Inc. has acquired Golf Digest from publisher Condé Nast. The move creates the largest digital golf media business in the US and strengthens Australian Golf Digest’s position as the number one golf media company in Australia.