Informa considering private equity bid
Posted
by
Martin Stabe
on 2 July 2008
at 09:22
Tags: Magazines, Media Business
Informa is considering a £3.4 billion approach from a consortium of private equity firms, the Financial Times reports today.
The approach from Providence Equity Partners, Carlyle Group and Hellman & Friedman came just before a merger deal from CMPi parent United Business Media fell through.
The FT’s report today says Informa has confirmed the deal, first reported yesterday morning on the FT’s blog, Alphaville.
Tags: Magazines, Media Business
