By Adria Calatayud 
 

ACQUIRER: RELX PLC (REL.LN).

TARGET: Mack Brooks Exhibitions.

PRICE: Undisclosed.

EXPECTED CLOSE: The deal is expected to close during the first half of 2019.

RATIONALE: Mack Brooks Exhibitions owns more than 30 business-to-business events in 14 countries and its acquisition will strengthen the portfolio of RELX's Reed Exhibitions division, the buyer said.

STOCK MOVE: RELX shares at 0956 GMT traded 0.5% higher at 1,623 pence.

 

Write to Adria Calatayud at adria.calatayudvaello@dowjones.com

 

(END) Dow Jones Newswires

January 15, 2019 05:15 ET (10:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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