Informa to acquire Clarion for £2.2bn, separating academic business
UKPulse Money Desk
FTSE 100-listed company Informa plans to purchase rival events business Clarion from Blackstone for £2.2 billion. The company is also separating its academic business.
- Informa is set to acquire Clarion for £2.2 billion.
- The acquisition involves buying Clarion from Blackstone.
- Informa will separate its academic business to focus on live operations.
FTSE 100-listed company Informa is reportedly planning to acquire rival events business Clarion from Blackstone for £2.2 billion. This move comes as Informa also intends to separate its academic business.
The separation of the academic division is intended to allow Informa to concentrate on its live operations.