Quick takes

International buyers not coming to Hong Kong

A survey by a Hong Kong-based events company found that two-thirds of its international customers were not willing to travel to the city due to its strict Covid regulations, and many buyers were “losing patience” with Hong Kong’s mandatory 7-day hotel quarantine.

10,000 delegates heading to single event in Bangkok

With the lifting of travel restrictions across Thailand, Bangkok is preparing to welcome more than 10,000 delegates from 50+ countries for the 2022 Unicity Global Leadership & Innovation Conference next week. TCEB (Thailand Convention and Exhibition Bureau) officials say the event is expected to generate Thai Baht 660 million (US$17.9 million) for the Thai economy.

Private equity group offers US$2b for Euromoney

A group led by French investment firm Astorg Asset Management has offered to buy Euromoney in a deal valued at around £1.66 billion (US$1.97 billion). The offer, which the board of the company has recommended, represents a premium of about 10% to the British B2B information company’s share price at the time of the offer.

RELX: strong results in 1H 2022

RELX, the parent company of RX Global (formerly Reed Exhibitions), reports a 13% growth in revenues and 16% growth in operating profit for the first half of 2022. During the period, the company completed six acquisitions for a total consideration of £342 million.