United Business Media Transfers CIOE Tradeshow To eMedia JV

Date : 12/30/2009 @ 2:40AM
Source : Dow Jones News
Stock : Global Sources Ltd. (delisted) (GSOL)
Quote : 20.0  0.0 (0.00%) @ 2:05AM

United Business Media Transfers CIOE Tradeshow To eMedia JV

UBM (LSE:UBM)
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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.

MAIN FACTS:

-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; ian.walker@dowjones.com 
 
 
 

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