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5 Years : From Jan 2013 to Jan 2018
United Business Media Ltd. (UBM.LN) said Monday its subsidiary, Canon Communications LLC, has transferred Canon Communications Asia Pte. Ltd. and Beijing Reed Advertising Services Co., Ltd. - which together own EDN China, EDN Asia and certain associated titles - to eMedia Asia Ltd., UBM's joint venture with Global Sources Ltd. (GSOL) for $4 million.
-UBM has a 39.9% interest in the joint venture and Global Sources has a 60.1% interest.
-UBM shares closed Friday at 617 pence valuing the company at GBP1.51 billion.
-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; firstname.lastname@example.org