MediMedia agrees to sell French assets to United Business Media.
In related news, United Business Media (UBM UBM United Business Media Plc (London)
UBM Under-Bump Metallization
UBM UniCredit Banca Mobiliare S.p.A. (Italy)
UBM United Bikers of Maine
UBM Unbalanced Magnetron
UBM Ultimate Building Machine ; London) has offered to acquire certain assets of the French subsidiary of MediMedia (Carlstadt, NJ) for EUR EUR
In currencies, this is the abbreviation for the Euro.
Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 36 million in cash. The deal is subject to a number of conditions.
The acquired assets include general practitioner general practitioner
n. Abbr. GP
A physician whose practice consists of providing ongoing care covering a variety of medical problems in patients of all ages, often including referral to appropriate specialists. medical titles Quotidien du Medicin, a weekly and Le Generaliste, a bi-weekly, and Quotidien du Pharmacien, a bi-weekly for pharmacists This is a list of notable pharmacists. - Dora Akunyili, Director General of National Agency for Food and Drug Administration and Control of Nigeria
- Charles Alderton (1857 - 1941), American inventor the soft drink Dr Pepper
- George F.
, a trade show division that operates the biennial biennial, plant requiring two years to complete its life cycle, as distinguished from an annual or a perennial. In the first year a biennial usually produces a rosette of leaves (e.g., the cabbage) and a fleshy root, which acts as a food reserve over the winter. trade show, "Hopital Expo," and the annual doctors conference/exhibition "Medec," and MediMedia Support which provides administrative services to the French entities of MediMedia. The deal does not include Masson France, a part of MediMedia Academic Publishing. In 2004, the assets generated approximately EUR 60 million in revenues and EUR 6 million in profit before taxes.
The assets acquired will become a part of UBM's CMPMedica France (Paris), a division created from the activities it purchased from MediMedia in July 2004, where they will "complement the existing major drug directory business, Vidal, with reciprocal promotion and access to advertisers, government and health professionals," UBM said.
UBM ceo Clive Hollick said "these leading French medical newspapers will enhance the strong position we have in French healthcare through Vidal." Hollick added that Healthcare is now the largest sector served by UBM.
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