CMA clears Informa-UBM deal

(Reuters) - Britain's Competition and Markets Authority (CMA) said on Thursday that Informa's <INF.L> 5.6 billion pound takeover of rival UBM <UBM.L> did not qualify for an investigation.

The deal, announced in December, will create a global leader in business events and conferences, almost a decade after UBM tried to buy Informa.

(Reporting by Arathy S Nair in Bengaluru; editing by Kate Holton)