UK Round-Up: Informa Bid, Indie Site Down, Papers Hike Prices

1 Comment

Informa: It’s been confirmed that Blackstone has replaced Hellman & Friedman in the consortium to buy B2B publisher and Datamonitor owner Informa. It joins Providence Equity LLP and The Carlyle Group in a three-way private equity tag team. But investors are spooked by reports suggesting the offer price has fallen from 506p to 440p. Via AP.

Indie site down: As though we’re living in the Dark Ages, was down for a whole day yesterday. GM Bill Swanson tells he doesn’t know why – but he wasn’t happy with the site’s Dutch hosting company.

Papers hike prices: National newspapers have caught a price-rise cold. The Times on Saturday is going up £0.10 to £1.50, Daily Telegraph and Guardian adding the same amount to go at £1.60 on Saturdays, while The Telegraph is also going up £0.10 to £0.90 on weekdays. Why? “The price hikes appear to be part of a change of emphasis toward subscription services.”

1 Comment

Private Equity

Who knows whether there's still interest in Informa, although with it's stock price at half of what it was over the summer, perhaps something could happen.

Comments are closed.