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Europe · Business news · Corporate · 06 Oct 2026

Informa agrees to buy events organiser Clarion from Blackstone for £2.24 billion and moves to separate Taylor & Francis

EU Communication Services Industrials

What happened

London-listed Informa said on October 6 that it has agreed to buy Clarion Events from Blackstone for £2.24 billion, about 11 times Clarion's projected 2027 adjusted EBITDA, or about 8 times after synergies. Clarion projects 2027 revenue above £575 million with an operating margin over 30%. Informa is paying with a mix of debt and equity, including a share placement, and puts combined synergies at £75 million a year by the end of 2029. It also started a process to separate its academic publisher Taylor & Francis, to be completed in the first half of 2027. Completion of the purchase is planned for early December 2026.

Why it matters for listed companies

The deal turns Informa into an almost pure trade-show company: the combined live-events division is put at just over £4.2 billion of revenue across about 1,000 event brands. Shareholders take on dilution from the placement and leverage just under 3.0 times net debt to EBITDA at the start, with about 2.5 times targeted in 2027. Academic publishing leaves the group; the report says Taylor & Francis has grown into a larger, more international business that can stand alone. No figure is given for Blackstone's return on the sale.

Reported by MarketBeat via Yahoo Finance — “Informa to Buy Clarion for £2.24B, Plans Taylor & Francis Separation” ↗ on 06 Oct 2026.

Rates and currencies since this was reported

Official series on 06 Oct 2026 or the last day before it, and the latest observation.

ECB deposit facility rate
2.50% → 2.50% unchanged
06 Oct 2026 → 16 Oct 2026 · European Central Bank
Euro area 10-year yield (AAA)
3.52% → 3.39% -13 bp
06 Oct 2026 → 15 Oct 2026 · European Central Bank
Euro in US dollars
1.1269 → 1.1253 -0.0016
06 Oct 2026 → 16 Oct 2026 · ECB reference rate
Euro in pounds sterling
0.8488 → 0.8438 -0.0050
06 Oct 2026 → 16 Oct 2026 · ECB reference rate
These figures are measured, not attributed. Prices and rates move for many reasons at once; they show what happened after this story, not that the story caused it. Nothing here is a recommendation to buy, sell or hold.

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