ITE Group has announced its third-quarter dip in profits are in line with expectations, as the company prepares to take a majority stake in one of India’s largest privately owned exhibition organisers.
ITE Group has acquired a minority shareholding in the Indian exhibition organiser, Asian Business Exhibitions & Conferences Ltd (ABEC). ITE purchased 28.3% of ABEC shares from a Qatari investment bank, QInvest and has an arrangement to increase its shareholding in future. ABEC is one of India’s leading exhibition businesses, running 19 exhibitions across 11 vertical […]
