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Informa buys Clarion for $2.96 billion, to spin off academic arm

Informa will acquire B2B events firm Clarion for £2.24 billion ($2.96 billion) and separate its academic publishing arm, Taylor & Francis, from the group. Informa has launched a formal review of all separation options for Taylor & Francis, which generates close to $1 billion in annual revenue.

INF.L

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06:31:03 AM UTC
SquawkNews
Oct 6 (Reuters) — Informa PLC: Informa - Placing Announcement Informa - To Raise £940 Million To Part-fund Clarion Acquisition For £2.24 Billion Enterprise Value Informa - New Shares From Placing, Retail Offer, And Subscription Not Expected To Exceed 10% Of Share Capital Source text:... Further company coverage: INF.L (Reuters.Briefs@thomsonreuters.com;)

96 billion) and separate its academic publishing arm, Taylor & Francis, from the group, the company said on Tuesday, as it bets big on live business events. Informa said it had launched a formal review of all separation options for Taylor & Francis, which generates close to $1 billion in annual revenue. An outcome of the review is expected alongside its 2026 full-year results in March 2027. The Clarion deal is expected to be funded through committed financing and the proceeds of a roughly £940 million equity placing.

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