Skip to main content
BBC NEWS / BUSINESS
Graphics VersionBBC Sport Home
News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia | UK | Business | Health | Science & Environment | Technology | Entertainment | Also in the news | Have Your Say |
Business Contents:  Your Money | Economy Companies

Monday, 16 January 2006, 09:26 GMT

Media group VNU gets bid approach

VNU logo Dutch media group VNU has received a takeover approach from a group of private equity firms that values the company at around 7.3bn euros (£5bn).

The private equity consortium, which includes the Blackstone Group, the Carlyle Group and Permira, has spent several weeks examining VNU's accounts.

VNU says it is evaluating the offer and is not talking to any other parties.

The company has 38,000 employees working in marketing information, media measurement and business publishing.

The world's biggest market research company, VNU became a takeover target after abandoning a $7bn (5.8bn euros; £3.9bn) purchase of US healthcare firm IMS Health last November.

Leading institutional shareholders said that they could not support the deal, arguing it was too expensive and strategically risky.

In light of the decision, chief executive Rob van den Bergh said it was "appropriate" for him to stand down.




E-mail this to a friend
Related to this story:
Dutch publisher abandons merger (17 Nov 05 |  Business )

RELATED INTERNET LINKS:
VNU
Permira
The Blackstone Group
The Carlyle Group
The BBC is not responsible for the content of external internet sites



SEARCH BBC NEWS: 

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia | UK | Business | Health | Science & Environment | Technology | Entertainment | Also in the news | Have Your Say |
Business Contents:  Your Money | Economy Companies

NewsWatch | Notes | Contact us | About BBC News | Profiles | History

^ Back to top | BBC Sport Home | BBC Homepage | Contact us | Help | ©