Former Informa finance director Anthony Foye and former Taylor & Francis CEO David Smith have joined forces to form the Critical Information Group, “with the aim of acquiring business media companies worth up to 1 billion pounds ($1.6 billion).” Smith and Foye said they would concentrate on B2B media businesses in Britain and overseas, with a focus on publishing and events. CIG raised 1.56 million pounds from nine British institutional investors (each will hold 5.3 percent of the company) in Thursday’s initial public offering, with a further 1.45 million invested by CIG’s directors.Reuters In other publishing venture news, Kassia Kroszer, […]
