Freshfields Bruckhaus Deringer and Latham & Watkins are advising on a £1.6 billion takeover of listed financial news and information business Euromoney.

According to a Euromoney statement on the takeover on Monday, Luxembourg-based private equity manager Astorg Asset Management Sarl and U.K. private equity firm Epiris have made the offer for the FTSE 250 institution.