Informa takeover approach expected within days

Posted by Paul McNally on 28 July 2008 at 07:59
Tags: Journalism

A consortium of private equity groups circling B2B publisher Informa could finalise the funding for a formal bid as early as this week, according to the Daily Telegraph.

Shares in Informa rose 4.75p to 417.25p on Friday on the back of the news, although there are fears that Providence, Carlyle and Hellman & Friedman might still find it difficult to move quickly given the current conditions in the debt market.

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