Events. UBM (itself being acquired by Informa Plc) becomes the owner of Metaltech, Malaysia’s annual manufacturing process exhibition. The seller ITE is a £400m quoted UK company which organises more than 200 exhibitions worldwide, with a strong (and currently challenging) presence in Russia, Central Asia and Turkey. Consolidation in global exhibitions (large and small) keeps coming. What will happen to wobbling UK listed company ITE?
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UBM acquires Metaltech from ITE Group
