London, 9th March: In a surprise move, London-listed Informa PLC announced that it will acquire the Tarsus Group, a B2B events group, from private equity firm Charterhouse Capital Partners for US$940 million which will be funded with cash as well as US$210 million of newly issued Informa shares.

Under the terms of the agreement, Informa will manage a joint “combination programme” with three key objectives:

1.     Deliver: Maximise 2023 performance, minimizing disruption and distraction.

2.     Discover: Make growth-focused people, brand and business combination decisions.

3.     Combine: Operate the portfolios as one company under the Informa brand.