New York / London: Clifford Chance is advising long-time client Informa (LSE: INF.L), a member of the FTSE 100, in connection with its recently announced definitive agreement to combine its Informa Tech digital businesses with TechTarget (Nasdaq: TTGT). Informa has agreed to contribute its Informa Tech digital businesses and $350 million of cash in exchange for a 57% stake in the combined company. Existing stockholders of TechTarget will retain a 43% stake in the combined company. The combination will create a leading US-listed platform in B2B data and market access.

Informa is a leading international B2B events, digital services, and academic knowledge group. Informa Tech is a division of Informa and a leading provider of market insight and market access information to the global business technology community. TechTarget is a leading provider of purchase intent-driven marketing and sales services for enterprise technology companies.

M&A partners Benjamin Sibbett, John Healy (New York) and Jonathan Bobinger (Houston), and associate Christine Kim (New York) are leading the cross-border, multi-practice Clifford Chance team advising Informa on the transaction.

The wider Clifford Chance team includes:

• M&A: partners Steven Fox and Katherine Moir (London), and associates Katerina Papacosma, Susan Trepekli, Emely Luna and Mariam Sleiman (New York)
• Tax: partners Philip Wagman and Kevin Colan, and associate Wei Bin Tan (New York)
• Employment, benefits, and pensions: partners Paul Koppel (New York), Chinwe Odimba-Chapman, Sonia Gilbert and Clare Hoxey (London), counsel Cécile Zoro (Paris), and associates David Walsh, Ivona Dimov (New York), Laura Conway, Robert Klepka, Sabrina Brecher, Julia Clark-Leonard, Ella Burnside, and Victor Taiwo (London)
• Antitrust: partner Brian Concklin (Washington, DC), counsel Michael Rueter (London) and associates Elyssa Wenzel, Eva Kurban, and Ross Jablon (Washington, DC)
• Technology and intellectual property: partner Violetta Kokolus, counsel Daryl Fairbairn, and associates Lee Garza (New York) and Ricky Legg (Houston)
• Banking and finance: partners Jason Ewart (New York), Julia House, and Kate Vyvyan (London), and associates Arianna Zarka (New York)
• Real estate: counsel Victoria Manthas and associate Anthony Norris (New York)
• Foreign investment and regulatory: partners Megan Gordon and Renée Latour, counsel Catherine Ennis and Jacqueline Landells, and associates Holly Bauer, David Harris, Martina Kneifel (Washington, DC)
• Corporate: counsel Jay Liang (Shanghai)
• Capital markets: partner Jon Zonis (New York)

This transaction represents one in series of work Clifford Chance has done with Informa, including advising it in its of acquisition of Winsight last spring.