News

« Headlines

Informa ends UBM talks

18.06.08 Anna Richardson

Informa has ended talks with United Business Media over a possible all-share merger, but has received an approach from a third party.

The company announced that its discussions with UBM, which were initiated earlier this month, had ceased, and added that it has "received a further approach from a third party that may or may not lead to a takeover offer in cash being made". The new takeover approach was from "a private equity consortium understood to be led by Providence", according to the Times.

The Daily Telegraph, meanwhile, reported last week that private equity firms Candover and Cinven, which own academic publisher Springer Science & Business Media, were considering an approach for the business publishing group.

Times

Anna Richardson Informa Home Springer UBM

See Also