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T-Mobile Netherlands attracts private equity bids - report
2015-11-12 08:41:00| Telecompaper Headlines
(Telecompaper) T-Mobile Netherlands has attracted interest from private equity groups Apax and CVC, which are putting the finishing touches to their rival bids, sources familiar with the matter told Reuters. The Deutsche Telekom subsidiary could be worth up to EUR 3 billion and is being sold in an auction process led by Credit Suisse, the report said. The bidders have been asked to submit indicative offers by 16 November. Other investment firms, including U.S. buyout funds Bain Capital and Providence, are also expected to enter the race, according to the unnamed sources. Others said French entrepreneur Xavier Niel's telecoms group Iliad and cable group Liberty Global also could be interested in the asset.
Tags: report
private
netherlands
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Category:Telecommunications