NEWS1 February 2019
UK – Exhibitions, events, business intelligence and publishing group Informa has sold its life sciences media brands portfolio to US-based healthcare education, market research and medical comms business, MJH Associates, for just over $100m.
This divestiture is part of Informa’s progressive portfolio management (PPM) programme following its purchase of UBM. The business is looking to focus on brands and businesses that have strong market positions in core verticals.
The life sciences media brands portfolio was part of UBM which Informa bought for £3.9bn last year.
The sale does not include its CBI events business which has been combined with the branded Life Sciences business within the Informa’s knowledge & networking division.
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