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Tag: apax
Apax Partners to Buy Azelis Specialty Chemical Distributor
2015-02-27 06:00:00| Coatings World Breaking News
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Bain, Apax join bid battle for Portugal Telecom
2014-11-12 18:13:22| Telecom - Topix.net
Private equity firms Bain Capital and Apax Partners have launched a bid worth 7.075 billion euros to buy the Portuguese operating business of Portugal Telecom from Brazil's Oi of debt owed to PT. Oi said it had not been aware of the debt before the deal and the fallout resulted in a renegotiation of the merger.
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Apax, Bain launch rival bid for PT Portugal
2014-11-12 09:36:00| Telecompaper Headlines
(Telecompaper) The private equity funds Apax Partners and Bain Capital have launched a bid for the Portuguese assets of Brazilian operator Oi worth EUR 7.075 billion, excluding cash and debt. Similar to the earlier offer from Altice for PT Portugal, the offer includes earn-out payments of EUR 400 million based on future revenue and EUR 400 million related to EBITDA generation. The acquisition covers the Portugal Telecom activities in Portugal alone, and excludes its holdings in Africa or the outstanding debt owed by the Group Espirito Santo subsidiary Rio Forte. Oi said it's board would consider the offer but did not comment further. The funds' offer is EUR 50 million more than that made by Altice. A rival offer from a company controlled by Angolan businesswomen Isabel dos Santos has also made an offer for Portugal Telecom itself, which Oi rejected. Dos Santos is also a major sharehodler in Nos, Portugal Telecom's main rival in the Portuguese market.
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Apax, Bain launch Portugal Telecom bid
2014-11-12 01:00:00| Total Telecom industry news
Oi board to evaluate latest offer that values Portuguese assets at 7.1 billion.
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Apax to sell TriZetto for $2.7 bln
2014-09-15 14:43:37| IT Services - Topix.net
Apax Partners has agreed to sell TriZetto Corporation to Cognizant Technology Solutions Corp for $2.7 billion in cash. The firm bought TriZetto in 2008 in a deal valued about $1.4 billion.