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United Business Media Ltd. (UBM.LN), a global business media company, said Wednesday it has completed the transfer of its 70% interest in the China International Optoelectronic Expo, or CIOE, trade show to its joint venture company eMedia Asia Ltd, for $5 million.
-UBM has a 40% share in eMedia Asia; Global Sources (GSOL) has a 60% interest.
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; firstname.lastname@example.org