StockMarketWire.com - Events and business information group Informa said it had agreed to an asset swap with IHS Markit.

Informa said it would exchange its agribusiness titles for IHS Market's telecoms, media and technology brands.

'This agreement is very positive for both IHS Markit and Informa, increasing the focus of each company on core markets where it has particular strengths, the companies said.

Informa said its enlarged tech information division would have annual revenues of around $350m and offer a wide range of B2B services.


At 2:32pm: [LON:INF] Informa PLC share price was +13.6p at 783.2p



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