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Informa

 
Hoover's Profile: Informa plc
(London:INF)
Contact Information
Informa plc
4th Floor, 27 Mortimer St.
London W1T 3JF, United Kingdom
Tel. +44-20-7017-5000

Type: Public
On the web: http://www.informa.com

This company tries to help its customers be well informed. Informa (formerly T&F Informa) publishes academic and scientific, commercial, and professional data though some 2,500 electronic and print information services. Products include newsletters, magazines, CD-ROMs, and research reports. The firm also publishes about 45,000 book titles, provides consulting and training services, and produces more than 12,000 events for professionals in such industries as finance, law, life sciences, technology, telecommunications, and transportation. Informa was created in 1998 through the merger of IBC Group (International Business Conferences) and LLP Group (the publishing division of the Lloyd's insurance market ).

Key numbers for fiscal year ending December, 2008:
Sales: $1,849.6M
One year growth: (17.9%)
Net income: $122.8M
Income growth: (38.0%)

Officers:
Chairman: Derek Mapp
CEO: Peter S. Rigby
Finance Director: Adam Walker

Competitors:
International Data Group
McKinsey & Company
Reed Elsevier Group

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Wikipedia: Informa
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Informa plc
Type PLC (LSE: INF)
Founded December 1998
Headquarters London, United Kingdom
Number of locations 150 offices
Area served 43+ countries worldwide
Key people Peter Rigby (Chairman and CEO)[1]
Industry Publishing, Events, Performance Improvement
Products Specialist information
Services Conferences, courses
Revenue £1,278.0 million (2008)
Operating income £164.6 million (2008)
Net income £86.0 million (2008)
Employees 8,500
Divisions Academic & Scientific, Commercial, Professional
Website www.informa.com

Informa plc (LSE: INF) is a United Kingdom-based publisher and conference company, with offices in more than 43 countries and more than 8,500 employees. Informa owns numerous brands including Routledge, Lloyd's List, Taylor & Francis, CRC Press, AchieveGlobal, ESI International, and Datamonitor. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Contents

History

Informa's oldest business started in 1734 when Lloyd's List, now one of the world's oldest continuously-running journals, began covering London shipping news.[2]

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.[3][4] In October 2006, the company was approached by Springer Science and Business Media in a takeover bid,[5] but in early November the Informa board rejected the 630p per share offer as too low.[6]

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.[3][7]

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.[8] The talks were confirmed by Informa in a press release that same day, but described as "preliminary".[9][10] Previously on May 13 The Times had reported that the Carlyle Group and Apax Partners were considering bidding for the company.[11] 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.[12] 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.[13]

On 1 May 2009 the company announced that it would be restructure its business so it was incorporated in Jersey but tax resident in Switzerland.[14]

Operations

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, commodities and agriculture. Its online publishing portal Informaworld provides subscribers with more than half a million journal articles and 13,000 e-books from all its imprints.[15] 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:

Academic & Scientific

  • Taylor & Francis
  • Informa LifeSciences
  • Informa Healthcare
  • Informa Pharmaceutical Science

Commercial

  • Adam Smith Conferences
  • Agra Informa
  • Informa Maritime & Transport
  • Informa Telecoms & Media
  • Euroforum
  • IBC
  • IIR
  • IIR Executive Development[1]
  • Informa Australia
  • Monaco Yacht Show
  • Leaders in India Business Forum 2008

Professional

References

  1. ^ "Peter Rigby". http://www.informa.com/about/board_of_directors/peter_rigby. Retrieved 2008-07-07. 
  2. ^ "Lloyd's List". http://www.lloydslist.com/ll/home/about.htm. Retrieved 2009-08-23. 
  3. ^ a b "ROUNDUP Informa names new chairman, CEO after FY profits soar". AFX News Limited (Forbes). 2007-03-14. http://www.forbes.com/markets/feeds/afx/2007/03/14/afx3514841.html. Retrieved 2007-12-31. 
  4. ^ "T&F Informa buys conferences group IIR Holdings for 768 mln stg". AFX News Limited (Forbes). 2007-06-01. http://www.forbes.com/home/feeds/afx/2005/06/01/afx2068249.html. Retrieved 2007-12-31. 
  5. ^ Kundnani, Hans (2006-10-19). "Springer Science & Business Media launches bid for Informa". Guardian Unlimited. http://www.guardian.co.uk/business/2006/oct/19/privateequity.pressandpublishing. Retrieved 2007-12-30. 
  6. ^ "Informa rejects Springer bid". AFX News Limited (Forbes). 2006-11-03. http://www.forbes.com/business/feeds/afx/2006/11/03/afx3144026.html. Retrieved 2007-12-30. 
  7. ^ "Informa unveils new CEO, chairman as 2006 results top forecasts". AFX News Limited (Forbes). 2006-03-14. http://www.forbes.com/markets/feeds/afx/2007/03/14/afx3514395.html. Retrieved 2007-12-30. 
  8. ^ Harrington, Ben; Kleinman, Mark (2008-06-08). "Media giants United Business Media and Informa open talks on £3bn merger". The Sunday Telegraph. http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2008/06/08/cnubm108.xml. Retrieved 2008-06-08. 
  9. ^ "Statement Regarding Press Speculation". Informa. 2008-06-08. http://www.informa.com/about/Press_Releases/2008/statement_regarding_press_speculation/statement_regarding_press_speculation2. Retrieved 2008-06-08. 
  10. ^ "UBM and Informa confirm early merger talks". The Guardian. 2008-06-08. http://www.guardian.co.uk/business/feedarticle/7571595. Retrieved 2008-06-08. 
  11. ^ Andrews, Amanda; Kennedy, Siobhan (2008-05-13). "Informa garners attention of private equity". The Times. http://business.timesonline.co.uk/tol/business/industry_sectors/media/article3919555.ece. Retrieved 2008-06-08. 
  12. ^ Arnott, Sarah (2008-06-18). "Cash approach for Informa as merger talks end with UBM". The Independent. http://www.independent.co.uk/news/business/news/cash-approach-for-informa-as-merger-talks-end-with-ubm-849295.html. Retrieved 2008-07-07. 
  13. ^ Thiel, Simon; Sabine Pirone (2008-07-02). "Informa Rises on $4.29 Billion Private-Equity Offer". Bloomberg. http://www.bloomberg.com/apps/news?pid=20601102&sid=aSRNcFwXy3qw&refer=uk. Retrieved 2008-07-07. 
  14. ^ "Publishing firm Informa blames budget for tax switch". The Guardian. 2009-05-01. http://www.guardian.co.uk/business/2009/may/01/informa-budget-tax-switch. Retrieved 2009-05-04. 
  15. ^ Griffin, Daniel (December 2006). "Single vision of the world at Informa". Information World Review (230): 2. 

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