Manufacturing Industry

DAILY MAIL & GENERAL TRUST PLC - Acquisition of remaining 51% stake in GLM.

PR Newswire UK Disclose, September, 2007

 
                                                              25 September 2007 
 
                   Daily Mail and General Trust plc (`DMGT') 
 
  Acceleration of acquisition commitment: purchase of remaining 51% stake in 
                         George Little Management, LLC 
 
 
dmg world media, the exhibitions division of DMGT, announces the acquisition of 
the remaining 51% stake in George Little Management, LLC ('GLM'), the United 
States' largest privately-held tradeshow management company. Their portfolio 
includes the New York International Gift Fair, in addition to a number of other 
shows on the Eastern seaboard. GLM becomes wholly owned with effect from 1 
October 2007. 
 
The total cost for the acquisition of the 51% stake is US$155 million (A[pounds sterling]77 ...

            
        
    
    	    
                
                
	
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