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UBM/United Business Media

UBM Acquires Global Sources’ Stake in eMedia Asia

100% ownership of the business adds attractive China International Optoelectronic Expo to UBM’s portfolio of events inChina  UBM plc (LSE: UBM) announced that it has acquired Global Sources Ltd.’s 60.1% interest in eMedia Asia Limited (“eMedia Asia”).  Following this transaction, UBM will own 100% of eMedia Asia.  The consideration for Global Sources’ 60.1% stake will be approximately USD $9.0m in cash, subject to adjustments ... Read More »

UBM Reaches for Trade Show Rival Advanstar

British communications and events company UBM Plc (UBM.L) is in advanced talks to acquire privately-held U.S. trade show organizer Advanstar for around $900 million, according to people familiar with the matter.  UBM, which also owns PR Newswire and has a market capitalization of 1.48 billion pounds ($2.4 billion), is in the final stages of negotiating a deal and could announce ... Read More »

UBM’s Events Revenue Down 2.8% in First Half of 2014

London-based, UBM plc reported its interim results for the six months ended 30th June 2014. Revenues in the first half were £361 million (US$618 million), down 7.9% from last year. UBM’s management attributed the drop to strong fluctuations in foreign currency exchange rates. However, adjusted operating profit grew by 8.7% to £87 million (US$150 million) during the period. Revenues generated ... Read More »

UBM’s Levin to Step Down in March

UBM plc has announced the early step down of company CEO David Levin on 1st March 2014.  UBM first announced in September 2013 of Levin’s intention to step down as CEO by 31st July 2014. Levin’s early departure is a result of his appointment as President and CEO of McGraw-Hill Education in New York.  Dame Helen Alexander, Chairman of UBM, ... Read More »

UBM to Sell Data Services Business

U.K.-based media group UBM plc announced that it has received a binding offer from private equity firm Electra Partners LLP to purchase UBM’s Data Services business portfolio for US$251 million. According to UBM, its data services segment also includes health, technology and IP, trade & transport, and paper business units – which generated revenue of US$298 million in 2011 and ... Read More »

UBM Live & UBM Tech Launch Big Data Republic

UBM Live and UBM Tech – the UBM businesses behind TFM&A and InformationWeek – have announced the launch of Big Data Republic (www.BigDataRepublic.com), a community for those dealing with transforming their businesses with big data. As the world experiences an unprecedented explosion in information, harnessing that data and making sense of it is one of the biggest challenges that business, ... Read More »