Informa

Ticker INF

Today's data summary

Market closed
% change
+0.12%
Price Pence
853.20
Change
+1.00
As of 18:54 18 Jul 2018
Market cap. Pound sterling
10,678.15 million
As of 18:54 18 Jul 2018

Latest updates

Informa inks deal to buy rival for $3.9bn

Shares in Informa are up 0.5% after it inked a deal to buy rival events and media company UBM for $3.9bn.

The tie-up is designed to create a world leader in events, and comes almost a decade after UBM tried to buy Informa.

Informa chief executive Stephen Carter said the deal would create at least £60m of cost savings a year after the businesses were integrated by 2019.