Informa has agreed to acquire Ascential, the owner of the Money20/20 and Cannes Lions conferences, for about £1.2 billion ($1.5 billion) in cash.
Kia Kokalitcheva is a journalist at Axios. She covers tech and venture capital, with a focus on startups, AI, and business leaders, while also keeping a keen eye on market trends. Kia has been featured in Yahoo News and Axios, among others.