Informa to Buy Clarion Events From Blackstone for £2.2 Billion
· Business · Bloomberg, Wall Street Journal
Informa Plc has agreed to acquire Clarion from Blackstone in a transaction valued at £2.24 billion, which includes debt. The deal positions the British company as one of the largest business-to-business events operators globally. Yvonne Man and David Ingles report on the developments through Bloomberg. Additional financial terms and the closing timeline for the acquisition have not been publicly disclosed.
Why it matters
The acquisition significantly consolidates the global business-to-business events sector, strengthening Informa's market position.
Read the original report — Bloomberg
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