Organiser of international trade exhibitions and conferences, London-listed ITE is reportedly considering a £300m (US$424.4m) bid for fellow events business Ascential.
The Sunday Times reports Ascential launched a ‘strategic review’ of its exhibitions business earlier in 2018, and that several investors are to have shown interest.
When asked by CN if an acquisition was being considered, ITE declined to comment.
ITE would be obliged to first inform the London Stock Exchange (LSE) before making any public announcement.
