BGN Entrepreneur

The owner of the Financial Times—Pearson, has whittled down the bidders for the data group—Interactive Data Corporation, which is majority owns, to three private equity groups and one trade player in a deal that could require an equity cheque of $1bn.
The private equity bidders, that are expected to move into the next round are expected, include Apax Partners, KKR and a consortium of Helman & Friedman and Silver Lake Partners. Meanwhile, the remaining strategic bidder is the US media group—McGraw-Hill, who sees IDC as a possible way to expand its research and analysis business.

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