"Apax, the private equity firm, has teamed up with the publisher of The Guardian newspaper to mount a joint £1.2bn bid for Emap’s business publishing division … as it would fit neatly with Incisive Media , in which [Apax] has a shareholding"

"United Business Media has revealed it has decided not to buy Emap’s business-to-business operations. The business media group was seen as the most likely buyer of the division … "