UBM PLC (UBM.L)
20 Jan 2017
SYDNEY Australian billboard company APN Outdoor Group Ltd plans to buy rival oOh!Media Ltd in all-shares deal that values the target at A$735 million ($550.29 million), the companies said on Wednesday.
* UBM, together with LIMA and Alifish, unit of Alibaba, announce a strategic partnership to strengthen Chinese licensing industry Source text for Eikon: Further company coverage:
British business information group Informa Plc said on Thursday it had agreed to buy U.S.-based information services company Penton for 1.18 billion pounds ($1.56 billion) to expand in the United States and grow its global exhibitions business.
* Informa to buy Penton from private equity firms (Adds investment returns for owners, stock price, paragraphs 11, 13-15)
* H1 continuing adjusted operating profit up 24.5 pct to 93.4m stg