Two British publishing firms consider a merger
09/06/2008
Publishing group, United Business Media (UBM), and conference organiser and publisher, Informa, are involved in talks that may lead to the creation of a £3bn media giant.Informa is considering the proposal for a merger and discussions are at an early stage with UBM.It is understood that UBM and Informa are confident about the potential merger. A tie-up would create an international powerhouse. It has been suggested that the synergy would make good strategic sense as the businesses are very similar.The media sector, which has been hit by reduced consumer spending and a slowdown in the economy, is prompting media companies to consolidate.
