Shares in Dutch market research company VNU rose more than 3 percent on a report private equity firms are considering a bid for the company, which faces shareholder opposition over a planned
acquisition. A consortium of four private equity firms are weighing a possible bid for VNU, the Wall Street Journal Europe said on Tuesday, citing people close to the group that it said includes
Kohlberg Kravis Roberts & Co and Blackstone. The consortium is interested in buying the whole company for about 6.6 billion euros ($7.9 billion) and had already approached VNU in March, but with no
success, the daily reported.
Read the whole story at Reuters, October 25, 2005 »