Informa buys Clarion Events from Blackstone for £2.3bn
Summarised from 4 outlets · Updated 6 Oct, 09:24 · Archive
FTSE 100 group Informa has acquired events firm Clarion from Blackstone for £2.3bn.
FTSE 100 group Informa has acquired Clarion Events, the world's largest privately owned event and exhibition organiser, from private equity firm Blackstone. The deal value is reported as £2.3bn by City AM, though the Independent Business and Evening Standard cite £2.2bn.
The acquisition will bring over 100 business-to-business live event brands under Informa's control, significantly expanding its events portfolio. Clarion Events is London-headquartered and represents a major addition to the digital services giant's offerings. The deal forms part of what outlets describe as a strategy overhaul for the FTSE 100 group as it seeks to consolidate its position in the events industry.
How it is being reported
- UK events firm that hosts arms fairs and comic shows sold to rival for £2bnThe Guardian · 6 Oct, 09:16
- Informa to buy rival events firm Clarion for £2.2bn amid strategy overhaulIndependent Business · 6 Oct, 09:03
- Informa to buy rival events firm Clarion for £2.2bn amid strategy overhaulEvening Standard · 6 Oct, 09:03
- Informa snaps up Clarion Events in £2.3bn deal with BlackstoneCity AM · 6 Oct, 07:42
In this story: Informa · Clarion Events · Blackstone · London
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