HAARLEM, Netherlands, April 3 (UPI) -- A consortium of private equity groups is offering to buy media concern VNU NV of the Netherlands for $9 billion in cash.
The buyer, Valcon Acquisition BV, comprises AlpInvest Partners NV, Blackstone Group LP, Carlyle Group, Hellman & Friedman LLC, Kohlberg Kravis Roberts & Co. LP and Thomas H. Lee Partners LP.
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VNU's board is recommending that shareholders support the offer, which expires May 5.