London-based events and publishing company Informa PLC intends to divest its Life Sciences Media Brands portfolio for more than $100 million.
Informa will divest the business to U.S. healthcare education, market research, and communications company Michael J. Hennessy Associates Inc.
The sale is part of Informa's push to focus on brands and businesses with strong market positions.
Informa took over the Life Sciences portfolio from UK business-to-business events organizer UBM PLC for $5.11 billion last year.