Danish Telecom Courted by Other Buyers
An AP newswire article, via SFGate.com, reports that:
Danish telecom TDC A/S is being courted by a second group of suitors who have offered a price similar to the original $12 billion bid made earlier this year by a different group of private-equity firms, according to a published report.
The report helped push TDC shares up 3 percent to 339.50 kroner ($54.25) in Copenhagen trading.
The Wall Street Journal reported Wednesday, citing unidentified sources, that U.S. and British private-equity firms Cinven Group, BC Partners, Apollo Management and Silver Lake Partners made a bid for the Copenhagen-based provider of telephone and telecommunications services.
TDC had no comment on the report.
posted by Fergie @ 10/05/2005 08:56:00 AM
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