Slaughter and May is advising Ascential plc on the proposed disposal of its Exhibitions and Events business

Slaughter and May is advising Ascential plc on the proposed class 1 disposal of its Exhibitions and Events business to ITE Group plc for £300 million.  The deal, announced on 15 May 2018, will complete in July 2018 pending satisfaction of conditions precedent, including shareholder approval and completion of ITE’s rights issue to fund the consideration.