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September 2, 2008

Private equity groups close to making Informa bid

By Patrick

Today’s Times reports that a consortium of private equity groups including Providence Equity Partners and Carlyle Group are close to making a £3bn bid for magazine publisher Informa.

Informa, which publishes law, insurance and media B2Bs, saw its shares rise 14.75p yesterday to 440.5p on the back of the news.

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