Informa interest intensifies

The battle over the buyout of UK business media group Informa ratcheted up a notch this week when the Dubai sovereign wealth fund, Investment Corporation Dubai, and US private equity firm, Blackstone, teamed up to make a move on the company. Meanwhile, banks are still putting together a mandated lead arranger group to support Providence Equity Partners and the Carlyle Group’s potential bid for the company, with details set to be finalised in the next week. Read EuroWeek online at www.euroweek.com/loans to find out more about more about what is fast becoming one of the most hotly contested LBOs this year.