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General

Apax Partners joins race for PT Portugal - report

Friday 24 October 2014 | 13:09 CET | News
After expressions of interest by Altice, Telefonica and Vodafone, PT Portugal has attracted a new suitor. This time it is UK private equity firm Apax Partners, reports Diario Economico. Representatives of the Portuguese telecommunications operator have not confirmed the interest of Apax Partners, as they do not want to comment on the topic. However, the daily claims the UK company has already hired a law firm in Portugal to advise them on the operation. The enterprise value of PT Portugal has been estimated at between EUR 6 billion and EUR 8 billion.

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Categories: General
Companies: Altice Europe / Portugal Telecom / Telefonica / Vodafone
Countries: Portugal
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