London Bike and Triathlon Show sold to Frazer Clifford’s Newtimber Media

Telegraph Events has sold the London Bike and Triathlon Show to Frazer Clifford’s Newtimber Media. No terms were revealed. Clifford will be a familiar face to many visitors to the exhibition having worked as the sales director on the event for the past nine years. He told CI.N that long-term colleague Matt Letch will also join Newtimber Media in an enhanced business development role.

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KHL Group acquires Diesel & Gas Turbine Publications

Press release:  Global construction information publisher KHL Group is acquiring the USA-based publisher Diesel & Gas Turbine Publication Group (D&GTP).

USA-based D&GTP, founded in 1935 and located in Wisconsin, is a leading publisher of information for the on-highway, off-highway, stationary and marine engine-powered equipment markets. It focuses on the construction and agriculture, power generation and commercial vehicle equipment sectors through its North American magazine Diesel Progress and globally through Diesel Progress International.

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ReedPOP Acquires Gamer Network

ReedPOP, the world’s largest producer of games and pop culture live events, is adding Gamer Network and its portfolio of leading events, websites, and video channels to its portfolio. The addition of Gamer Network marks ReedPOP’s first expansion beyond the event production business.

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Comcast bids US$30.9bn for Sky

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.

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Hearst UK acquires Be:FIT and Salon QP

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

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News & Star publisher CN Group sold to Newsquest

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

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Euromoney enters agreement to sell its Global Markets Intelligence Division

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

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Gartner to Sell CEB Unit as Revenue Rises

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.

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