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Britain's competition watchdog clears Informa-UBM deal

Staff Writer |
The boards of Informa and UBM welcome the announcement by the UK CMA that the offer does not qualify for investigation by the CMA.

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This completes the regulatory review process in the UK in relation to the offer, following on from the successful completion in China, Germany, Turkey and the United States.

Subject to final legal procedures the UBM Shares are expected to cease trading on Thursday 14 June 2018 and the offer is expected to become effective on Friday 15 June 2018 with the New Informa Shares issued to UBM Shareholders commencing trading on Monday 18 June 2018.

Therefore, from 18 June 2018, the programme of post-completion activity can begin, combining the two groups effectively through the Accelerated Integration Plan (AIP).

As previously detailed, this will follow four distinct phases over twelve months from completion through to June 2019: Discovery & Validation, Combination, Completion, Ambition & Creation.

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