Informa to acquire Clarion Events from Blackstone for £2.24 billion

Events firm Informa $INF announced it is acquiring Clarion Events from Blackstone for £2.24 billion (approximately $2.96 billion). The deal strengthens Informa's portfolio in professional events management while marking a significant capital deployment by the private equity group.

Separately, Informa announced plans to separate its academic business, signaling strategic portfolio restructuring. #mergers #media #markets