Betaville

Dealmakers' favourite PEI Media set to be sold to Bridgepoint for £120 million

PEI Media - publisher of one of the journals read by many of the City's bankers, lawyers and buy-out barons - is about to be bought by Bridgepoint Development Capital for over £120 million.

According to sources familiar with the matter, a takeover of PEI Media by BDC could be announced in the next few days...