Informa Share Discussion Threads

[inki] 18/6/2008 09:16

510p would be a more appropriate level

[2shemshersingh] 18/6/2008 08:39

410p would be a good entry level

[cool runnings] 17/6/2008 20:55

Bid out, all cash

[mw8156] 09/6/2008 18:55

pity we didnt accept the 600+ bid 18 months ago...

[kenmill] 09/6/2008 09:44

If it happens, at least we will still be in the share as opposed to a finance buyer taking it too cheaply for cash.

[wapper] 09/6/2008 08:43

Why were directors allowed to buy last week ? Must have known about this.

[cool runnings] 08/6/2008 19:11

Now watch providence equity enter the game, this is all put in the papers to put Informa in play, 3 weeks £5.30 take out by providence!!!!

[spob] 08/6/2008 07:36

The Sunday Times

June 8, 2008

United Business Media and Informa hold talks on £3 billion merger

TOP executives at two of Britain's largest publishing companies have held talks about a merger that would create a £3 billion FTSE 100 media group.

United Business Media, led by chief executive David Levin, has opened negotiations with Informa, headed by chief executive Peter Rigby. UBM, best known as the publisher of such titles as Travel Trade Gazette and Property Week, is also one of Britain's largest exhibition companies.

Informa runs a variety of business-information services and publishes the shipping industry bible, Lloyd's List.

A combination of the two has been mooted among media bankers for some time, and the two sides recently held exploratory talks.

Related Links
UBM is lured by Irish tax regime
Informa shares jump as private equity circles
However, no decision to go ahead has been made. The companies may confirm the talks in a Stock Exchange announcement this week. Informa has a slightly greater stock market value, at £1.6 billion against UBM's £1.5 billion.

"It does make sense, because the two are a good geographic fit, with little overlap," said one media banker yesterday. But another source said there could be obstacles, including bids for Informa from private equity.

[kenmill] 04/6/2008 10:02

Yesterday's rise seems to have been on the back of a Cazenove "buy on weakness" recommendation. They consider worries about the debt level to be overdone as profits would have to fall off a cliff before banking covenants would be breached.

[kenmill] 01/6/2008 18:31

Bid or no bid - medium term they are undervalued

[2shemshersingh] 31/5/2008 09:44

if there is a bid rumour then maybe it's fact that the bidders have not approached the managment otherwise they would not be able to trade the stock. Recently the director bought some stock and that would not of been the case if a bid had been issued. I think the bid rumours are more of a possible bid than actual and after a few trading sessions the bid rumours will lose it's shine and long positions could unwind.

[the_doctor] 27/5/2008 17:16

Consistently down since the 'bid rumours'

Yet again, hedgies appear to have succeeded in using their network of rumour spreaders to load up shorts at a nice price - or sell the longs they took on at 300p

[kenmill] 15/5/2008 09:37

The AGM statement is quite bullish but any talk of weak areas, however small a proportion of the business, provokes selling in this market. Completely unjustified in my view and still a strong hold.

[kenmill] 14/5/2008 17:15

True. A lot now depends on any forward looking comments at the AGM tomorrow

[bearstalker] 14/5/2008 00:56

CEO says its just speculation and that there has been no contact - doesn't mean that there aren't people out there doing their homework though

[kenmill] 13/5/2008 09:27

Just read that Carlyle and Apax may be considering a bid for INF. This could be interesting.

[kenmill] 13/5/2008 09:15

Made the £4 mark a little ahead of schedule! Now could go another £1 depending on what is said at the AGM

[bearstalker] 08/4/2008 15:28

Yep, I agree

[kenmill] 08/4/2008 09:33

Recovering well now - this will be back over £4 well before the end of the year.

[kenmill] 28/3/2008 13:24

Susannah Kempe is head of investor relations, dealing with the City and their PR company. She certainly knows how to impress the City by putting her money where her mouth is! £210,000 of her own money is a fair point to make that she thinks the City have undervalued the company.

[bearstalker] 26/3/2008 20:03

Some nice Director buys at 300p