United Business Media (UBM) has announced it is to acquire two US medical publishing businesses for a total of £37.5 million.
Publications changing hands include Oncology and Oncology News International as well as Consultant, a major player in the primary care sector.
Clive Hollick, chief executive of United Business Media, said: “This acquisition is financially and strategically attractive. It gives CMP Healthcare Media a strong platform in the fast growing oncology publications and education market.”