Informa Takes Steps to Reduce Debt
The debt laden Informa has asked its shareholders for more money to use to reduce it's leverage. It judges that this is better than selling assets at poor prices. Infomra has done well to get this underwritten and reflects the fiath the City has in its management and lng term strategy.
Coould Incisive pull off the same trick. All the rumours are that trading is grim and and getting worse so it could tough for them.
Informa had better hope that their conference business holds up well in the coming months, otherwise they could find themselves in the same position all over again at the end of the year.