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July 29, 2008

Another rival bidder emerges for Informa

By paulmcnally

Informa has received a rival takeover approach from an unidentified third party, the B2B publisher confirmed this afternoon.

“No formal proposal has been received,” Informa said in a statement to the stock exchange.

The company is still in talks with a consortium of private equity groups – Providence, Carlyle and Hellman & Friedman, which has tabled a 506p-a-share proposal.

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