According to The Sunday Telegraph, Riley is working with Vitruvian Partners, which is run by the former executives of the buyout group Apax. Riley confirmed that he is planning a bid, and said he would take on the role of chairman at Emap Radio if he pulls off the deal. Offers for Emap's three divisions, including consumer and business-to-business magazines, were submitted on Monday.
The Week: City News - Riley plots Emap Radio bid
Phil Riley, the former chief executive of Chrysalis Radio, has emerged as the frontman behind a private equity bid for Emap Radio.
