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Informa acquired IIR Holdings

Date: Jul 7, 2005
DetailsInforma acquired IIR Holdings Ltd on 7 July 2005. The acquisition comprised a cash consideration of US$1.4 billion (£768 million). At the same time, Informa announced a two for five rights issue to part finance the transaction, where the remainder was financed by a new committed debt facility of £1,250 million.
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