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UK - Taylor Nelson Sofres receiving private equity interest

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The international market research firm Taylor Nelson Sofres (TNS) is said to have attracted private equity interest. The company has encountered the dissatisfaction of its institutional investors after it revealed revenues in the US had fallen and were going to struggle to recover. Shares have fallen from 230p to 166.5p since the warning over declining revenues on the other side of the Atlantic.

Kohlberg Kravis Roberts is expected to be attracted to the company as its head of European media was formerly chairman of United Business Media Plc which had market research interests. Trade buyers including Aegis Group Plc and WPP Group Plc are also thought to be considering the business.
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