|Type||Public limited company|
|Traded as||LSE: INF|
|Industry||Publishing, events, performance improvement|
|Number of locations||150 offices|
|Area served||43+ countries worldwide|
|Key people||Peter Rigby (Chairman and CEO)1|
|Revenue||£1,232.5 million (2012)2|
|Operating income||£349.7 million (2012)2|
|Net income||£90.7 million (2012)2|
|Employees||Circa 8,500 (2012)|
|Divisions||Academic & Scientific, Commercial, Professional|
Informa plc is a multinational publishing and conference company with its head office in Zug, Switzerland and its registered office in St Helier, Jersey.3 It has offices in more than 43 countries and more than 8,500 employees. It owns numerous brands including AchieveGlobal, CRC Press, Datamonitor, Institute for International Research, ESI International, Lloyd's List, Routledge and Taylor & Francis.
Informa itself was created in 1998 by the merger of IBC Group plc and LLP Group plc. Since then Informa has expanded considerably, including a 2004 merger with the publishing company Taylor & Francis and a 2005 acquisition of IIR Holdings, a human capital development company, for £768 million.56 In October 2006, the company was approached by Springer Science and Business Media in a takeover bid,7 but in early November the Informa board rejected the 630p per share offer as too low.8
In early 2007, chairman Richard Hooper announced his retirement in May and, after consulting with major shareholders, the company moved chief executive Peter Rigby to chairman, and managing director David Gilbertson to Rigby's former post. Informa explained Rigby's move by the need to maintain management stability, although it generated some controversy because it did not follow the advice of the UK's Combined Code on Corporate Governance.59
On 8 June 2008, The Sunday Telegraph revealed that United Business Media (UBM) had proposed a merger with Informa to create a media group worth over £3 billion.10 The talks were confirmed by Informa in a press release that same day, but described as "preliminary".1112 Previously on May 13 The Times had reported that the Carlyle Group and Apax Partners were considering bidding for the company.13 On June 17 talks with UBM ended because of the rapid rise in Informa's stock price after the public disclosure of the potential merger.14 On June 26 a private equity consortium consisting of Providence Equity Partners, the Carlyle Group and Hellman & Friedman proposed a takeover bid offering 506 pence per share.15
The company operates more than 10,000 conferences annually, and publishes newsletters, academic journals, commercial databases, and academic and business books. Topics covered include arts and humanities through social sciences to physical science and technology; and finance and the law through to telecommunications, maritime trade, energy, biotech, commodities and agriculture. Its online publishing portal Informaworld provided subscribers with more than half a million journal articles and 13,000 e-books from all its imprints.17 In June 2011 the journals and e-books transferred to a new website, Taylor & Francis Online. Abstracting and indexing databases and bibliographic databases were to move from Informaworld to Taylor & Francis Online at a later date.18 Besides publishing, the group has several other interests represented by the brands it owns in many countries. These brands (companies) work in the areas of performance improvement and management consulting. It has the following divisions:
- "Peter Rigby". Retrieved 2008-07-07.
- Preliminary Results 2012
- "Global Contacts." Informa. Retrieved on 4 February 2011. "Head Office Gubelstrasse 11 CH-6300 Zug Switzerland"
- "Lloyd's List". Retrieved 2009-08-23.dead link
- "ROUNDUP Informa names new chairman, CEO after FY profits soar". Forbes. 2007-03-14. Retrieved 2007-12-31.
- "T&F Informa buys conferences group Institute for International Research for 768 mln stg". Forbes. 2007-06-01. Retrieved 2007-12-31.
- Kundnani, Hans (2006-10-19). "Springer Science & Business Media launches bid for Informa". The Guardian (London). Retrieved 2007-12-30.
- "Informa rejects Springer bid". AFX News Limited. 2006-11-03. Retrieved 2007-12-30.
- "Informa unveils new CEO, chairman as 2006 results top forecasts". Forbes. 2006-03-14. Retrieved 2007-12-30.
- Harrington, Ben; Kleinman, Mark (2008-06-08). "Media giants United Business Media and Informa open talks on £3bn merger". The Sunday Telegraph (London). Retrieved 2008-06-08.
- "Statement Regarding Press Speculation". Informa. 2008-06-08. Retrieved 2008-06-08.
- "UBM and Informa confirm early merger talks". The Guardian (London). 2008-06-08. Retrieved 2008-06-08.dead link
- Andrews, Amanda; Kennedy, Siobhan (2008-05-13). "Informa garners attention of private equity". The Times (London). Retrieved 2008-06-08.
- Arnott, Sarah (2008-06-18). "Cash approach for Informa as merger talks end with UBM". The Independent (London). Retrieved 2008-07-07.
- Thiel, Simon; Sabine Pirone (2008-07-02). "Informa Rises on $4.29 Billion Private-Equity Offer". Bloomberg. Retrieved 2008-07-07.
- Kollewe, Julia (2009-05-01). "Publishing firm Informa blames budget for tax switch". The Guardian (London). Retrieved 2009-05-04.
- Griffin, Daniel (December 2006). "Single vision of the world at Informa". Information World Review (230): 2.
- "Taylor & Francis Online – FAQs". Taylor & Francis Group. 2011. Retrieved 23 September 2012.
- "About IIR Executive Development". iired.com.au. Retrieved 6 December 2010.