AMSTERDAM (Thomson Financial) – Reed Elsevier PLC and Reed Elsevier NV will exit the defence exhibitions sector, the Anglo-Dutch publishing company said in a statement.
Chief executive officer Crispin Davis said that, ‘it has become increasingly clear that growing numbers of important customers and authors have very real concerns about our involvement in the defence exhibitions business.’
Although he noted that ‘our defence shows are quality businesses which have performed well in recent years,’ the CEO said they were ‘no longer compatible with Reed Elseviers position.’
Reed Elsevier’s portfolio of five defence shows a year represents around 0.5 pct of the group’s annual turnover.
Dave van Ginhoven,
dave.vanginhoven@thomson.com
dvg/slj
COPYRIGHT
Copyright AFX News Limited 2007. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Solana 
USDC 
Cardano 
TRON 
Lido Staked Ether 
Toncoin 
Avalanche