This content is not available in your region

Euromoney to sell Mining Indaba to ITE Group

Text size Aa Aa

(Reuters) – Business-to-business information company Euromoney <ERM.L> said on Wednesday it would sell Mining Indaba, the world’s largest mining investment conference, to trade exhibition organiser ITE Group <ITE.L> for 30.1 million pounds.

Euromoney said the business did not align with its strategy.

“We will sell it and recycle capital towards our main investment themes,” said Euromoney Chief Executive Andrew Rashbass.

(Reporting by Shariq Khan in Bengaluru; Editing by Amrutha Gayathri)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.