The Week: City news - Informa buyer backs down, Friday, 26 September 2008 12:00AM

Providence Equity Partners, the private equity consortium that has been looking to buy Informa, the business-to-business publisher, has withdrawn its offer after it was rejected earlier this month.

The group, which includes the Carlyle Group and the Blackstone Group, initially bid £1.9 billion for the company, which publishes titles such as International Freight Weekly, Banking Technology and Mobile Communications International. Providence Equity Partners has reserved the right to take part in another approach within six months.

This article was first published on


You must log in to use Clip & Save

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Additional Information

Campaign Jobs