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July 2, 2008

Informa considering private equity bid

By Martin Stabe wirepost

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.

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