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Private equity firms eye joint bid for O2 UK - report

2016-06-13 15:49:00| Telecompaper Headlines

(Telecompaper) Rival private equity firms CVC Capital Partners and Apax Partners have held talks about forming a consortium to buy UK mobile operator O2 from Telefonica, reports The Sunday Times citing unnamed City sources. They are discussing how to raise enough funds to finance a potential offer, with insiders indicating that they will probably seek support from a sovereign wealth fund if they launch a takeover bid.

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