Euromoney Institutional Investor announced yesterday that it is acquiring Infrastructure Journal, a premium subscription site that tracks data and provides intelligence for the global infrastructure sector.Infrastructure Journal’s data and content are delivered in real-time and are accessible by desktop, tablet and mobile. In addition, the publication runs a portfolio of events which includes conferences, forums and awards attended by senior investment professionals, industry practitioners and advisors.Infrastructure Journal’s revenues were estimated to be £3.1 million in 2012, and Euromoney is buying Infrastructure Journal from Top Right Group for £12.5 million in cash. The acquisition will complement Euromoney’s Project Finance brand and the company’s global reach. The deal is expected to be closed on November 1.”With an estimated 57 trillion dollars of investment into infrastructure projects required around the world by 2030, we believe this part of the business-to-business information sector offers attractive growth fundamentals,” Richard Ensor, chairman of Euromoney, said via a press release.
Euromoney Institutional Investor Acquires Infrastructure Journal for £12.5 Million
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