Magic circle duo win lead roles on Informa's £9bn UBM takeover bid
Talks come after two companies first explored a merger a decade ago
January 17, 2018 at 05:37 AM
2 minute read
Clifford Chance (CC) and Linklaters have won roles to advise on Informa's proposed acquisition of UBM, a deal set to create a media giant with a combined value of more than £9bn.
CC London corporate partners Katherine Moir and Steven Fox are leading the firm's team advising FTSE 100 events and publishing company Informa, while Linklaters is advising FTSE 250 events and marketing business UBM.
Its team is led by corporate partners Michael Honan and Iain Fenn.
Both companies are based in London, with Informa the larger of the two, boasting about 7,500 employees to UBM's 3,500.
UBM's events business, which services more than 50 industries, including fashion and pharmaceutical, has a presence in 20-plus countries around the world. The company previously owned a number of business-to-business publications, including construction titles Building and Property Week, before shifting its focus onto events.
A successful merger with Informa would create a business with a global presence, including North and South America, Asia, Europe, the Middle East and Africa.
UBM has in the past turned to fellow magic circle firm Allen & Overy (A&O), including in 2008 when it first explored a merger with Informa.
Former A&O corporate partner Ian Lopez – now at Norton Rose Fulbright – led the firm's team on the 2008 negotiations, while CMS Cameron McKenna advised Informa with a team led by corporate partner Gary Green.
Lopez also advised UBM on the 2005 sale of market research business NOP World for £383m, while other work A&O has handled for UBM has included advising on its 2016 purchase of Asian rival Allworld for $485m.
UBM has also turned to Ashurst in the past, including on the $841m sale of its press release business PR Newswire to public relations company Cision in 2015. Ashurst advised on the UK aspects of the disposal, while Morgan Lewis handled all US aspects of the sale.
Ashurst also advised UBM on the £248m sale of its 35% stake in Channel 5 Television to European broadcasting giant RTL in 2005.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All![Lawyers React To India’s 2025 Budget, Welcome Investment And Tax Reform Lawyers React To India’s 2025 Budget, Welcome Investment And Tax Reform](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/international-edition/contrib/content/uploads/sites/378/2024/08/Indian-Flag-767x633.jpg)
Lawyers React To India’s 2025 Budget, Welcome Investment And Tax Reform
![Quartet Of Firms Secure Roles as LG Group’s IT Services Arm Lists for $823M Quartet Of Firms Secure Roles as LG Group’s IT Services Arm Lists for $823M](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/international-edition/contrib/content/uploads/sites/292/2023/10/south-korean-flag_616x372-767x633.jpg)
Quartet Of Firms Secure Roles as LG Group’s IT Services Arm Lists for $823M
![Bredin, Cleary Guide Sanofi’s €3B Share Buyback From L’Oreal Bredin, Cleary Guide Sanofi’s €3B Share Buyback From L’Oreal](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/international-edition/contrib/content/uploads/sites/403/2023/06/Sanofi-767x633.jpg)
![A&O Shearman, White & Case Advise on €1.2B Public Takeover of German Steel Giant Salzgitter A&O Shearman, White & Case Advise on €1.2B Public Takeover of German Steel Giant Salzgitter](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/international-edition/contrib/content/uploads/sites/378/2023/11/Money-falling-767x633-2.jpg)
A&O Shearman, White & Case Advise on €1.2B Public Takeover of German Steel Giant Salzgitter
3 minute readTrending Stories
- 1States Accuse Trump of Thwarting Court's Funding Restoration Order
- 2Microsoft Becomes Latest Tech Company to Face Claims of Stealing Marketing Commissions From Influencers
- 3Coral Gables Attorney Busted for Stalking Lawyer
- 4Trump's DOJ Delays Releasing Jan. 6 FBI Agents List Under Consent Order
- 5Securities Report Says That 2024 Settlements Passed a Total of $5.2B
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250