Informa Plc, the U.K.-based business information and events group, has agreed to acquire Clarion, an events organizer owned by Blackstone. The deal values Clarion at £2.24 billion, including debt, or about $3 billion. According to Bloomberg Technology, the transaction would make Informa one of the world’s largest operators of B2B trade shows and exhibitions. The update was cited by Techub News in a brief report. No additional transaction details were disclosed in the source digest beyond the valuation, debt-inclusive structure, and the expected scale of Informa’s position in the global B2B events market after the acquisition.
Informa Plc, the U.K. business information and exhibitions company, has agreed to acquire Clarion, the events company owned by Blackstone.
According to Bloomberg Technology, the deal values Clarion at £2.24 billion, including debt, or about $3 billion. The acquisition would make Informa one of the world’s largest B2B events operators.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
