Plans to focus on its festivals and digital businesses could lead to a £300 million sale of Ascential’s exhibitions division. The specialist information group previously known as Emap announced the launch of a strategic review of its exhibitions business yesterday.
Comcast offered £12.50 for each Sky share in cash, which it said marks a premium of 16 per cent on Fox’s current offer to buy the 61 per cent of Sky it does not already own. Shares in Sky rose more than 18 per cent at the market open to 1,305.5p.
Hearst UK has agreed a deal with Telegraph Events to acquire fitness and wellbeing festival for women Be:FIT; luxury watch fair Salon QP; and luxury watch magazine QP. The deal is part of Hearst UK’s strategic commitment to grow and diversify revenues
Meredith Corp today announced that it has entered into a binding agreement with Epiris Fund II to sell Time Inc. UK. Formerly owned by Time Inc., Time Inc.was acquired by Meredith on January 31, 2018. Financial terms of the transaction are not being disclosed.
Newsquest, the UK’s second-biggest regional newspaper group, has held takeover talks with Archant, owner of titles including the Ham & High in London and anti-Brexit paper the New European, as consolidation continues to sweep the industry. However, the talks apparently ended in part due to reticence from Newsquest’s parent Gannett
One of the last big family-owned newspaper publishers in the UK, CN Group, is being sold to US-owned regional publisher Newsquest The group has been helmed by four generations of the Burgess family and boasts a newspaper history going back 200 years to the Carlisle Patriot. John Burgess, great grandfather of current CN Group chairman Robin Burgess, became the newspaper’s editor in 1868
Messe Frankfurt New Era Business Media Ltd has acquired Thailand Lighting Fair and Thailand Building Fair to expand the worldwide portfolio of its Light + Building brand of trade fairs.
Press release: The Bauer Media Group has acquired the UK’s biggest fishing show, The Big One . The Big One is held annually each spring in Farnborough, and attracts almost 20,000 enthusiastic anglers who attend the most important event on the angling calendar.
SME London, the events company behind London Fashion Week Festival, has bought the rights to the Clothes Show brand from Haymarket Media Group
Centaur Media has completed the sale of Corporate Adviser to John Greenwood, who has edited the publication since the year of its inception in 2006
The IPA has welcomed comments from Unilever’s Chief Marketing and Communications Officer Keith Weed to clean up the digital landscape, in which he has called the leading digital platforms and publishers to account.
Forbes Media has announced the acquisition of British online business title The Memo for an undisclosed fee as it looks to expand into Europe.
Press Release: Euromoney Institutional Investor PLC (“Euromoney”), the international business information and events group, today announces that it has reached a binding agreement to sell its Global Markets Intelligence Division (“GMID”), consisting of CEIC and EMIS, to a consortium of CITIC Capital Partners Management Limited (“CITIC Capital”), the private equity arm of CITIC Capital Holdings Limited, and Caixin Global Limited (“Caixin”), (“the Consortium”), for an equity value of $180.5 million
The owner of the Mirror newspapers has sealed a £127m deal with Richard Desmond to buy his Express and Star national titles, as well as celebrity magazine OK!
US tech consultancy Gartner is selling its CEB Talent Assessment business to UK-based Exponent Private Equity for $400m, just a year after it acquired parent firm CEB in a deal valued at around $2.6bn. The firm has also reported Q4 2017 revenue up sharply to $1.01 billion.
On Wednesday, Meredith Corporation announced its acquisition of Time Inc. was complete. February 1 marks the first day of operations for the combined company.
Press release: Infopro Digital announces agreement to enter into the acquisition of DOCUgroup and accelerates its international expansion
Press release: Diversified Communications today announced they have acquired Tent Exhibitions Ltd., a UK company that owns London Design Fair and co-located events: Tent London and Super Brands London
Despite reporting a healthy 20% increase in net income for 2017 to $15.9bn (£10.5bn), Facebook reported declines in user numbers and usage time
Preyss Release: London based Clarion Events, one of the world’s leading independent events organisers, has completed a merger with Global Sources, a leading Asian exhibitions and online B2B marketplace operator based in Hong Kong. Funds managed by Blackstone will control the combined group. Terms of the transaction were not disclosed
