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UBM to acquire Canon Communications for USD287m.

Europe Intelligence Wire

| September 16, 2010 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From M&A Navigator)

MANAVIGATOR-September 16, 2010-UBM to acquire Canon Communications for USD287m (C)2010 M2 COMMUNICATIONS http://www.m2.com

UK business media company United Business Media (LON:UBM) said on Thursday it had agreed to buy Canon Communications, an US tradeshow and media company, for USD287m (EUR221m) from Spectrum Equity Investors and Apprise Media. UBM said it will use existing credit facilities to finance the deal. The acquisition adds to UBM's tradeshows portfolio and helps it grow in Canon Communications's core medical device design and manufacturing …

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