B2B Penton Sold by PE Owners to Informa Plc in $1.56 Billion Deal - Energy Watch News


B2B Penton Sold by PE Owners to Informa Plc in $1.56 Billion Deal

It was announced that the UK media company Informa plc has bought Penton for $1.56 billion (£1.18 billion). The deal is expected to be closed by November. Penton (co-owners MidOcean Partners and Wasserstein & Co.) has moved from a mainly B2B print magazine company into an events and information company, similarly positioned as its new owner. Informa Exhibitions has several recognizable event brands including World Of Concrete. If you are not familiar with the show don’t laugh, it’s a big show. http://www.talkingnewmedia.com/

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