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General

Bain joins list of suitors for PT Portugal - report

Monday 27 October 2014 | 11:48 CET | News
After UK fund Apax's reported interest in PT Portugal, another private equity fund is interested in the assets of the company, reports the Financial Times. According to the publication - which cites sources close to the process - the Bain Fund, based in the US, is preparing a bid for the company, which is also the target of interest from France's Altice and private equity fund Apax. According to local media reports, Spain's Telefonica and Vodafone are also interested in the Portuguese operator, which has an estimated enterprise value of between EUR 6.7 billion and EUR 7.7 billion.

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