Informa and UBM’s £3.8bn Merger: More Detail
Informa has revealed details of its £3.8 billion deal to buy rival trade show organiser UBM. The merger will see Informa’s shareholders owning 65.5 percent of the combined firm, with UBM’s investors taking the remaining 34.5 percent. But Informa shares actually dropped sharply after the takeover was announced. UBM stock rose, but with heavy trading. From Meetpie.com…