22nd Oct 2010 07:00
22 October 2010 UBM completes its acquisition of Canon Communications LLC
On 16 September 2010 UBM announced that it had agreed to acquire Canon Communications LLC for US$287m. The acquisition was subject, amongst other things, to Hart-Scott-Rodino clearance. UBM today announces that all relevant approvals have been obtained and that it has completed the acquisition.
- Ends - ContactsMedia
Peter Bancroft Director of Communications
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Direct telephone +44 20 7921 5961
Chris Barrie Citigate Dewe Rogerson
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Analysts/Investors
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Notes to Editors
1. United Business Media Limited ("UBM")
UBM focuses on two principal activities: worldwide information distribution, targeting and monitoring; and the development and monetisation of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 5,900 staff in more than 30 countries are organised into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.
For more information, go to www.ubm.com
2. Canon Communications LLC
Canon (www.cancom.com) is a leading provider of tradeshows and related media products serving the global advanced manufacturing sector. The business's principal focus is on the medical device design and manufacturing and electronics engineering markets supported by strong positions in related manufacturing process, packaging and design segments.
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