Emerald Expositions Acquires ACRE

Press Release: SAN JUAN CAPISTRANO, Calif. – Emerald Expositions, LLC, announced its acquisition of the American Craft Retailers Expo (“ACRE”) from IndieMe, Inc. Founded in 2006, ACRE consists of two shows that take place annually in Las Vegas, NV and Philadelphia, PA. The events connect wholesale American and Canadian makers of handmade products with national and international buyers from art and fine craft galleries, modern gift and home stores, independent retailers, guilds & arts institutions, e-retailers, national retail chains, museums and other influencers in the home, gift and lifestyle marketplace.

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Allworld deal isn’t quite all it seems

Allworld has plenty to recommend it. It’s focused on some of the most exciting markets in Asia, from Singapore and Malaysia to Thailand and Indonesia. But takeovers reliant on boosts to sales are much harder to pull off than those based on cost savings

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UBM acquires Allworld Exhibitions

Press Release: UBM plc (“UBM”, or the “Company”) announces today that it has agreed to acquire Allworld Exhibitions (“Allworld”, or the “Business”) for a cash consideration which values the Business at US$485 million on a debt and cash free basis

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Easyfairs acquires Pentawards

Press Release: Easyfairs today announces its acquisition of Pentawards, the most prestigious worldwide competition exclusively dedicated to packaging design in all its forms. Created in January 2007, Pentawards’ primary mission is to increase awareness of packaging design and those who create it. Its 55 categories are open to all those across the globe who are associated with the creation or marketing of packaging, and are judged by an international jury consisting of 12 highly reputed designers and packaging design directors from major companies

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Liberty tunes out of ITV takeover bid

The chief executive of Virgin Media has rejected speculation that its parent company, the pan-European cable empire Liberty Global, could seize on weakness in ITV’s share price to mount a takeover bid for Britain’s biggest commercial broadcaster.

Tom Mockridge told the Sunday Telegraph that Liberty had “enough to do as it is” without wading further into programming. Liberty owns 9.9pc of ITV and has bought the equivalent commercial broadcaster in Ireland, fuelling speculation that it is lining up an approach for ITV.

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Tarsus acquires majority stake in Connect Meetings in the US

Press Release: Tarsus Group plc (“Tarsus” or the “Group”), the international business-to-business media group, announces that it has conditionally agreed to acquire 80.1 per cent of Connect Meetings, LLC (trading as “Connect”) for a cash consideration of up to approximately $57.0 million (the “Acquisition”), payable by way of initial consideration of approximately $44.0 million plus up to $1.0 million for working capital and up to $12.0 million payable over the next two years subject to certain conditions

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Apax and GMG sell a further 15% of Ascential

The Placing Shares represent, in aggregate, approximately 15 per cent of the Company’s issued ordinary share capital and constitute approximately 37.7 per cent of the Apax Sellers’ combined holdings in the Company and approximately 37.7 per cent of GMG’s holding in the Company

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