Page last updated at 08:39 GMT, Wednesday, 18 June 2008 09:39 UK

UK publishers scrap merger talks

Screen grab of United Business Media's CMP brand's website

United Business Media has ended merger talks with UK media firm Informa after it failed to agree terms for a deal.

Earlier this month, Informa, the owner of shipping publication Lloyd's List, said it was mulling an offer from UBM, whose titles include Property Week.

A tie-up between the two would have created a publishing empire with a value of 3bn.

After UBM said talks had ended, Informa said it had received a fresh takeover approach from another suitor.

Informa said the approach, from an unnamed third party, "may or may not lead to a takeover offer in cash being made for the company".

UK publishers begin merger talks
09 Jun 08 |  Business

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