Telecom Plus reiterates FY profit guidance; Informa acquires Clarion for £2.24bn
Telecom Plus reiterated its full-year profit guidance. Separately, Informa acquired Clarion for £2.24 billion. Shipping broker Clarkson also said it expects full-year earnings of at least £135 million, citing Iran war-related volatility.
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06:55:06 AM UTC
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Clarion is being bought from asset management Blackstone and Informa said that following the acquisition, B2B Live Events will generate revenues of more than £4.2bn/$5.7bn across around 1,000 specialist B2B brands in more than 40 market categories and 30+ countries.Established in 1947 and headquart…
07:02:03 AM UTC
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Clarkson said on Tuesday that it expects full-year earnings of at least £135m, citing Iran war-related volatility. In a brief trading statement on Tuesday, the company, which in August said profits would be "materially ahead of expectations", said trading in August and so far in September has been strong.