Dubai Batteling for Informa (Largest Real Estate Event)

Dubai joins in battle for Informa guardian.co.uk - UK
Bankers will this week finalise a multi-billion-dollar loan that could provide one of Dubai's largest sovereign wealth funds with the firepower to muscle in on the £3.3bn takeover of specialist media and exhibitions group Informa in the largest private equity deal since the credit crunch began... The Investment Corporation of Dubai, chaired by the emirate's ruler and prime minister of the UAE, Sheikh Mohammed bin Rashid Al Maktoum, wants to knock Informa's conference business, which runs the world's largest trade real estate event, ...Ironically, any move from Dubai would pitch the man who built Informa into a FTSE 250 company against his former employer...