ITE Group plc acquired Mining Indaba from Euromoney Institutional Investor PLC

Exhibition organiser ITE Group plc acquired Mining Indaba, the world's largest mining investment conference, from Euromoney Institutional Investor PLC, one of Europe's largest business and financial magazine publishers which has interests in financial publishing and event organization for £30.1mln. For ITE the acquisition will complement its Africa Oil Week exhibition, an energy industry event in Cape Town. The company said the deal is in line with its strategy to create the "world's leading portfolio of content-driven, must-attend events delivering an outstanding experience and return on investment for their customers."