News
Springer still interested in Informa
Springer Science & Media, the business-to-business publishing group owned jointly by the private equity groups Candover and Cinven, is still considering a bid for Informa, notes the Times. This is despite the exhibitions group receiving an approach from private equity rivals Providence and Carlyle.
Springer, which previously made an offer in 2006, has been looking closely at Informa, the shares of which have fallen on concerns over its high debt levels. The Times puts a price of £3.5bn-plus on Informa and wonders if either of the equity group could raise the funds in the "current challenging market".
