Meetings & Conventions Asia | January-March 2023
Category: News
Providence Equity Partners to Acquire Hyve Group in £481m Deal
US firm Providence Equity Partners has agreed a deal to acquire UK-based exhibition business Hyve Group. The terms of the offer are 108p in cash for each Hyve share and the deal values the international exhibition organiser at approximately £481m (US580m). A previous bid of 105p per share had been rejected. From Exhibition World…
Blackstone Agrees to Acquire Cvent for $4.6bn
Meetings, events and hospitality technology provider Cvent Holding Corp. (“Cvent”) (Nasdaq: CVT), has announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at approximately $4.6bn. From Conference & Meetings World…
Top Incentive Travel Destinations for 2023
With most travel restrictions of the past three years behind us, incentive participants are eager to discover new places, immerse themselves in different cultures and enjoy authentic experiences. Following are the top incentive destinations trending in 2023, according to ITA Group, which creates custom-crafted engagement solutions that motivate employees… From Northstar Meetings Group…
Informa Acquires Tarsus in $940m Deal
Global event organiser Informa has strengthened its presence in growing regions and markets significantly with the acquisition of B2B events group Tarsus in a deal valued at $940m. The combined business is expected to create incremental revenue opportunities through the cross-marketing of major brands, digital expansion and new event launches. From Exhibition World…
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