Euromoney, the international learning and events group has concluded an agreement to sell the Mining Indaba Conference to ITE Group for £30.1 million. ITE Group is an international events company that organises over 200 trade events per year across a wide range of industry sectors based in Russia, Central Asia, India, Southeast Asia, Southern & Eastern Europe, China, Western Europe, Africa and the Americas. The Mining Indaba has maintained strong financial performance and reported an operating profit of £2.5 million in 2017. The final payment for the acquisition of the mining conference is expected to be June 2019.
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