UBM PLC (UBM.L)
18 May 2018
* ITE - HAS SOLD TRADELINK ITE SDN. BHD., OWNER OF METALTECH, METALWORKING EXHIBITION IN MALAYSIA, TO UBMMG HOLDINGS SDN. BHD., A SUBSIDIARY OF UBM PLC
* INFORMA PLC - INFORMA PLC'S OFFER FOR UBM PLC APPROVED BY 99% OF SHAREHOLDER VOTE Source text for Eikon: Further company coverage:
* UBM AND INFORMA TODAY CONFIRM THAT GOOD PROGRESS IS BEING MADE ON VARIOUS REGULATORY DISCLOSURES AND CLEARANCES IN RELATION TO INFORMA'S RECOMMENDED OFFER FOR UBM
Informa , fresh from a 3.6 billion pound ($5 billion) agreement to buy rival UBM , will look for bolt-on deals to exploit its enlarged range of business-focused exhibitions, it said on Wednesday.
* Events revenue at Informa, UBM ahead of expectations (Adds CEO and analyst comments, details, share move)
Feb 28 British event organiser Informa Plc and its takeover target UBM Plc reported a rise in adjusted full-year earnings on Wednesday, helped by strength in their events businesses.
* FY ADJUSTED OPERATING PROFIT FROM CONTINUING OPERATIONS 294.2 MILLION STG
* UBM PLC - SELLING PRINT PUBLICATION, WEBSITE AND RELATED BUSINESSES TO WAINSCOT MEDIA Source text for Eikon: Further company coverage:
LONDON Britain's Informa will achieve cost savings of at least 60 million pounds ($84.6 million) a year from its takeover of rival UBM , it said on Tuesday.
* Takeover will create global leader in events and conferences