- Informa's £3.9bn takeover bid for fellow events manager UBM has been approved by shareholders on both sides of the deal, the companies said in separate statements.

Engagement with the Competition and Markets Authority in the UK was ongoing.

Informa and UBM said they both remained confident that the offer would be complete by the end of the second quarter of 2018.

At 1:11pm: [LON:INF] Informa PLC share price was +5.7p at 728.9p

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