Informa to buy rival events firm Clarion for £2 . 2bn amid strategy overhaul
World2 sources2 countries🔦 Under-reported45m ago
FTSE 100 events company Informa has entered into an agreement to acquire its rival, Clarion, from the private equity group Blackstone. The deal is valued at approximately £2.24 billion and is part of a broader strategy overhaul for the purchasing firm.
Clarion is a British events business known for hosting a diverse range of gatherings, including comic book conventions and arms fairs. The acquisition marks a significant consolidation within the UK events industry, bringing the two major firms under a single corporate umbrella.
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The Guardian World (GB)Highlights the diverse and controversial nature of the events hosted
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