• RELATED STORIES

• Tying in

  There’s an episode of...

• Lydia Davis wins International Man Booker

  American writer Lydia Davis...

• Bertelsmann sees group profit rise in first quarter

  Random House parent Bertels...

• Amazon's 2012 tax bill revealed

  Amazon.co.uk paid £3....

• Frances Lincoln to explore Portobello Road

  Frances Lincoln has acquire...

Informa worth less than acquisitions

18.11.08 | Katie Allen

Specialist publisher Informa is worth less than the acquisitions it made over the past three years, according to a Guardian blog.

Informa bought American conference business IIR Holdings for $1.4bn (£1.2bn) in 2005 and Datamonitor for £502m in 2007. Informa's market cap itself is now worth little more than £800m.

Big deals were often made between 2002 and 2007, when prices were driven up by hungry, cash-rich private equity firms. Earlier this month, News Corp was forced to write down the value of its investment in the German media company Premiere by something approaching $400m (£267m), having acquired a 22% stake in the business just seven months ago.

• Financial
• Informa
• Katie Allen
• Taylor and Francis