Editing UBM plc (section)

===Reorganisation since 2005===
In 2005 UBM re-focused on two principal businesses: PR Newswire, a global news distribution business; and CMP, an international events, print and online publishing business. It disposed of NOP which was acquired by  [[GfK]] for £383 million in 2005.<ref>{{cite web|url=http://www.prweek.com/uk/news/510285/UBM-sells-NOP-World-383m/|title=UBM sells NOP World for £383m|access-date=25 August 2017}}</ref> In September 2006, [[NewBay Media]] acquired CMP Entertainment Media from United Business Media.<ref>[http://www.jegi.com/United-Business-Media-Sold%20CMP-to-Wicks-Group UBM Has Sold CMP Entertainment Media to The Wicks Group] {{webarchive|url=https://web.archive.org/web/20110717030714/http://www.jegi.com/United-Business-Media-Sold%20CMP-to-Wicks-Group |date=17 July 2011 }}, The Jordan, Edmiston Group, 13 September 2006 (retrieved 19 September 2010)</ref> The trade book operations of CMP were sold to [[Elsevier]] and [[Hal Leonard Corporation|Hal Leonard]].<ref>{{Cite web| title = Elsevier Extends Content Offering to Entertainment Technology Professionals| access-date = 2018-04-21| url = https://www.elsevier.com/about/press-releases/science-and-technology/elsevier-extends-content-offering-to-entertainment-technology-professionals}}</ref><ref>{{Cite web| title = Hal Leonard buys Backbeat Books for $2.2M - Milwaukee| work = Milwaukee Business Journal| access-date = 2018-04-21| url = https://www.bizjournals.com/milwaukee/stories/2006/11/20/daily7.html}}</ref> It went on to acquire Commonwealth Business Media for $152 million in 2006.<ref>{{cite web|url=http://findarticles.com/p/articles/mi_hb5606/is_/ai_n23601355|title=FindArticles.com - CBSi|website=findarticles.com|access-date=25 August 2017}}</ref> On 1 July 2008, as part of a reorganisation of the corporate structure of the Group, United Business Media Limited (UBML) was created as a new holding company and parent company of the Group. UBML is UK-listed and incorporated in Jersey.<ref>Annual report of UBML 2008/9 page 62.</ref>  In 2010 the principal holding company of the United Business Media group (the "Group") was organised into five operating segments:<ref>Notes to the parent company financial statements at 31 December 2010 P146.</ref> Events, TD & M, Data Services, Online and Print.<ref>Notes to the consolidated Financial statements 3 P88.</ref>

In 2008, UBM moved its tax headquarters to Ireland, but in 2012, the company announced its intent to move its tax base back to the United Kingdom.<ref>[https://www.theguardian.com/business/2012/oct/18/ubm-plan-move-tax-base-uk "UBM plans to move tax base back to UK"], ''The Guardian'', 18 October 2012. Retrieved 30 January 2013.</ref>

In September 2010, [[Canon Communications]] announced that it had agreed to be acquired by UBM.<ref>{{cite web|url=http://www.prnewswire.com/news-releases/canon-communications-to-be-sold-to-united-business-media-transaction-expands-global-reach-of-canons-advanced-manufacturing-and-design-focus-103029489.html|title=Canon Communications to be Sold to United Business Media; Transaction Expands Global Reach... -- LOS ANGELES, Sept. 16 /PRNewswire/ --|author=Canon Communications LLC|date=16 September 2010|work=prnewswire.com|access-date=3 April 2015}}</ref> In May 2011, United Business Media officially changed its name to UBM plc.<ref>{{cite web|url=http://www.ubm.com/ubm/media/releases/2011/2011-05-11/|title=United Business Media name change to UBM plc|access-date=25 August 2017|url-status=dead|archive-url=https://web.archive.org/web/20110514175558/http://www.ubm.com/ubm/media/releases/2011/2011-05-11|archive-date=14 May 2011|df=dmy-all}}</ref> In February 2012 [[Yankee Group]] sold its annual 4G World telecoms and wireless trade show<ref>{{cite web |author=Mash Media Group Ltd |url=http://www.exhibitionworld.co.uk/newsdetails/1876/ubm-acquires-4g-world-exhibition-and-conference |title=UBM acquires 4G World exhibition and conference |publisher=Exhibition World |access-date=30 March 2013 |archive-date=12 June 2013 |archive-url=https://web.archive.org/web/20130612040321/http://www.exhibitionworld.co.uk/newsdetails/1876/ubm-acquires-4g-world-exhibition-and-conference |url-status=dead }}</ref> to UBM plc<ref>{{cite web |url=http://media.ubm.com/index.php?s=18069&item=121168 |title=UBM - News releases |publisher=Media.ubm.com |access-date=30 March 2013 |archive-date=19 January 2013 |archive-url=https://web.archive.org/web/20130119050247/http://media.ubm.com/index.php?s=18069&item=121168 |url-status=dead }}</ref> where it was incorporated into its UBM Tech division.<ref>{{cite web|url=http://tech.ubm.com/ |title=UBM Tech |publisher=tech.ubm.com |date=31 January 2013 |access-date=30 March 2013}}</ref>

Briefing Media<ref>{{cite web |url=http://www.briefingmedia.com/ |title=Briefing Media |publisher=Briefingmedia.com |access-date=30 March 2013 |archive-date=30 August 2017 |archive-url=https://web.archive.org/web/20170830061324/https://www.briefingmedia.com/ |url-status=dead }}</ref> acquired UBM plc's UK agriculture and medical general practitioner portfolios for £10 million in February 2012<ref>{{cite web |url=http://media.ubm.com/index.php?s=18069&item=121086 |title=UBM - News releases |publisher=Media.ubm.com |access-date=30 March 2013 |archive-date=19 January 2013 |archive-url=https://web.archive.org/web/20130119050317/http://media.ubm.com/index.php?s=18069&item=121086 |url-status=dead }}</ref> while UBM plc announced the acquisition of four trade shows in Asia for 19.4 million in the same month, marking UBM plc's continuing transformation into an events and B2B marketing services company.<ref>{{cite web |url=http://media.ubm.com/index.php?s=18069&item=122686 |title=UBM - News releases |publisher=Media.ubm.com |access-date=30 March 2013 |archive-date=19 January 2013 |archive-url=https://web.archive.org/web/20130119050217/http://media.ubm.com/index.php?s=18069&item=122686 |url-status=dead }}</ref> In 2012, PA Group, the parent company of the [[Press Association]], sold its 50% stake in Canada Newswire to joint venture partner UBM for £30.1 million.<ref>[https://www.theguardian.com/media/2012/nov/01/pa-group-canada-newswire-ubm "PA Group sells stake in Canada Newswire to UBM for £30.1m"], ''The Guardian'', 1 November 2012. Retrieved 30 January 2013.</ref> In April 2013, UBM's data services businesses were sold to [[Electra Partners]].<ref>Electra. [http://www.electrapartners.com/Media-Centre/?itemid=MTIwNjEzMDUwNDU2MDE= "Electra Partners acquires UBM plc's Data Services businesses"] {{Webarchive|url=https://web.archive.org/web/20130724050137/http://www.electrapartners.com/Media-Centre/?itemid=MTIwNjEzMDUwNDU2MDE= |date=24 July 2013 }},</ref>

In October 2014, UBM announced it would acquire Advanstar Communications for a fee of $972 million.<ref>{{cite press release| publisher=Reuters| date=1 October 2014| title=Events organizer UBM buys U.S. rival Advanstar for $972 million| url=https://www.reuters.com/article/us-advanstar-m-a-ubm-idUSKCN0HQ34Z20141001| access-date=2 July 2017| archive-date=5 October 2015| archive-url=https://web.archive.org/web/20151005085924/http://www.reuters.com/article/2014/10/01/us-advanstar-m-a-ubm-idUSKCN0HQ34Z20141001| url-status=live}}</ref> In November 2014 UBM plc CEO, Tim Cobbold, announced a new Events First strategy<ref>{{cite web |url=http://media.ubm.com/news?item=136831 |title=News &#124; UBM |publisher=Media.ubm.com |access-date=28 April 2017 |archive-date=20 December 2016 |archive-url=https://web.archive.org/web/20161220064642/http://media.ubm.com/news?item=136831 |url-status=dead }}</ref> By 2015, UBM had rebranded itself as primarily focused on B2B events. Reflecting this, 82 percent of its business in 2016 derived from events and only 18 percent from other marketing services.<ref>{{cite web|url=http://www.ubm.com/about-ubm/ubm-business-segments|title=Who We Are - UBM|website=www.ubm.com|access-date=25 August 2017}}</ref> In December 2015, UBM announced the sale of [[PR Newswire]] to [[Cision]] for $841 million, subject to regulatory approval. UBM had owned the company since 1982. Some analysts interpreted this as a further step in the transition from a diverse media company to a B2B events company.<ref>Rory Gallivan, "UBM to Sell PR Newswire to Cision for $841 Million" ''WSJ'' 15 December 2016</ref> In June 2016 UBM plc announced the completion of the sale of [[PR Newswire]] to [[Cision]].<ref>{{cite web|url=http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/UBM/12623231.html |title=UBM plc announces the sale of PR Newswire to Cision - RNS |publisher=London Stock Exchange |access-date=28 April 2017}}</ref>  In the same month UBM reached agreement to divest its electronics media portfolio to an affiliate of [[Arrow Electronics]] Inc. for a cash consideration of $23.5m. The portfolio comprised the US and Asian versions of EE Times, EDN, ESM, Embedded, EBN, TechOnline and [[Datasheets.com]].<ref>{{cite web |url=http://media.ubm.com/news?item=136880 |title=News &#124; UBM |publisher=Media.ubm.com |access-date=28 April 2017 |archive-date=20 December 2016 |archive-url=https://web.archive.org/web/20161220064638/http://media.ubm.com/news?item=136880 |url-status=dead }}</ref>

In January 2018 [[Informa]] announced the acquisition of the company for £4 billion.<ref>{{cite news|url=https://www.ft.com/content/e22e79fe-fb96-11e7-a492-2c9be7f3120a |archive-url=https://ghostarchive.org/archive/20221211/https://www.ft.com/content/e22e79fe-fb96-11e7-a492-2c9be7f3120a |archive-date=11 December 2022 |url-access=subscription|title=Informa to buy exhibitions rival UBM for £4bn|newspaper=Financial Times |date=16 January 2018|access-date=1 June 2018 |last1=Garrahan |first1=Matthew |last2=Pfeifer |first2=Sylvia }}</ref> The transaction was completed in June 2018.<ref>{{cite web|url=http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1529077402234106100.html|title=Informa's takeover of peer UBM effective after court sanction|publisher=Alliance News|date=15 June 2018|access-date=16 June 2018}}</ref> In January 2019, Informa sold several of the UBM Life Sciences publications (including ''[[Spectroscopy (magazine)|Spectroscopy]]'' and ''[[Psychiatric Times]]'') to MJH Associates.<ref>{{Cite web| title = MJH Associates, Inc. Acquires Assets from UBM Life Sciences Group Becoming the Largest Privately Held Medical Media Company in the United States| work = AP NEWS| access-date = 2019-05-04| date = 2019-01-31| url = https://apnews.com/BusinessWire/d58d9753577a4263b043fc73fdf9b3dc}}</ref>