Bronfman-backed group walks away from Time Inc

An investment group backed by Edgar Bronfman Jr, former chief executive of Warner Music, Len Blavatnik, the billionaire owner of Warner Music Group, and Ynon Kreiz, who ran Maker Studios, will not pursue an acquisition because of a valuation gap, people said who were familiar with the situation.

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Clarion Events Asia Announce the Acquisition of RetailEX ASEAN

Press Release: SINGAPORE, 2017-Feb-23 — /EPR Network/ — Clarion Events Asia today announced that they have acquired RetailEX ASEAN, a fast growing trade exhibition serving retailers in the ASEAN region. Co-organising the event with IMPACT, the premium venue in Thailand, Clarion Events look to enhance its offering to the retail industry in Asia.

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Infopro Digital challenges EasyFairs market dominance with Beauteam acquisition

Infopro Digital has announced the acquisition of communications and events specialist Beauteam, a move which will boost the group’s presence in the B2B events market, challenging the likes of EasyFairs. Multi-media specialist and organiser of Luxe Pack Monaco, Shanghai and New York, Infopro Digital will expand its presence in the cosmetics events world with the Beauteam acquisition, with the smaller events company organising the successful MakeUp In events across Europe, New York, Seoul, Sao Paulo and Los Angeles.

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Euromoney acquires RISI, a leading price reporting agency, for $125 million

Euromoney Institutional Investor PLC (“Euromoney”), the international online information and events group, has agreed to acquire 100% of the equity of RISI, the leading price reporting agency (“PRA”) for the global forest products market. In its recent strategy update, Euromoney highlighted price discovery (the main activity of a PRA) as a key investment theme. The acquisition of RISI follows the acquisition in August last year of FastMarkets, a leading provider of real-time metals market pricing information, which has significantly enhanced Metal Bulletin’s position in price reporting.

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Trinity Mirror seeking to bundle newspaper industry

Trinity Mirror, the UK’s largest local newspaper group and publisher of the Daily Mirror, is eyeing further consolidation, as the industry races to tackle the long-term decline of print publishing. “We see ourselves as a consolidator in the newspaper industry and will continue to do so subject to tight financial returns,” said chief executive Simon Fox, as the group reported like-for-like print advertising revenues fell 18 per cent in 2016. Trinity is in early stage talks with Northern & Shell, the parent company of the Express newspaper titles and OK Magazine, which could lead to it taking a stake in some of the Richard Desmond-owned assets.

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Haymarket Media Group forms joint venture with Comexposium

Press Release: Haymarket Media Group today announces a new joint venture with Comexposium, one of the world’s leading event organisers.

The new partnership with Comexposium includes Haymarket’s Cereals and Fruit Focus exhibitions, the UK’s leading technical events for the arable farming and fruit industries respectively

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Ascential to acquire MediaLink

Press Release: ASCENTIAL MEDIALINKLONDON–(BUSINESS WIRE)–Ascential plc, the global business-to-business media company listed on the London Stock Exchange, today announced that it has agreed to acquire 100% of MediaLink, a U.S.-based advisory and business services firm

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Cello acquires Defined Health

Press Release: Cello Group plc (AIM: CLL; “Cello”, the “Group” or the “Company), the healthcare focused strategic marketing group, is pleased to announce that it has raised £15.0 million (before expenses) by way of a placing of 15,463,919 new ordinary shares of 10 pence each (the “Placing Shares”) at a price of £0.97 per ordinary share (the “Placing”). The Placing, which was oversubscribed, has received strong support from both new and existing institutional shareholder. The Placing proceeds will in part be used to finance the acquisition of the assets of Defined Healthcare Research, Inc. and Cancer Progress, LLC (“Defined Health”), a business delivering scientific strategic advisory services to a wide range of US, European and global biotech and healthcare clients (the “Acquisition”). The proposed initial consideration for the Acquisition is US$5.75 million

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CloserStill Media acquires iLearning Forum in France

Press release: CloserStill, recently ranked No 10 in the Sunday Times International FastTrack 200 of the UK’s fastest growing exporters, will incorporate iLearning Forum into its launch of Learning Technologies France exhibition and conference to be held on January 23rd and 24th 2018 at Espace Champerret in Paris.  

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