LONDON (ShareCast) - Business publisher United Business Media has bought the 48% of RISI it doesn't already own and acquired Iasist for €6.4m (£5.5m) in cash.
The UK firm paid $14.3m (£8.8m) to joint venture partner
Pegasus Partners II for the RISI stake and has promoted Mike Coffey to be RISI's chief executive.
RISI provides online and printed market, pricing, news, analysis and benchmarking products and services on the forest product industry.
In a separate statement, UBM's healthcare division CMPMedica took over Iasist, which supplies benchmarking data and software to regional health authorities and hospitals in Spain and Portugal.
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