Financial Times FT.com

Blackstone swoops on Informa

By Ben Fenton and Martin Arnold

Published: July 30 2008 03:00 | Last updated: July 30 2008 03:00

A Dubai sovereign wealth fund has teamed up with Blackstone and others in an attempt to buy Informa from under the noses of another private-equity consortium.

Providence Equity Partners, Carlyle and Hellman & Friedman have been working to buy the business publisher and events company in a £3.2bn deal that would be the largest private equity buy-out since the credit crunch began.

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