Hanley Wood to Sell Exhibitions Business for $375 Million
Hanley Wood announced today that it has agreed to sell its exhibitions business to Informa PLC, a UK-based publishing and events company. The $375 million sale is subject to a customary regulatory review and is expected to close by the end of the year. The Exhibitions business will be rebranded Informa Exhibitions US and will maintain its headquarters in Irving, Texas. The deal involves 17 trade shows and events, including the Greenbuild International Conference and Expo.