0
General

BC Partners's United Group interested in buying Forthnet

Wednesday 25 March 2020 | 16:01 CET | News
Forthnet's creditor banks received a second proposal for the acquisition of the debt-ridden provider's loans from Serbian telecom company United Group, according to local publication Ekhatimerini.com. British investment fund Duet Private Equity, which submitted the first proposal, had been expecting a letter from the banks about the launch of exclusive negotiations by 23 March. United Group proposal's is similar in terms to Duel Private Equity's offer, the report said.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Forthnet / Wind Hellas
Countries: Greece
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Forthnet shareholders receive new takeover proposal

Published 16 Mar 2020 10:11 CET | Greece
Forthnet said it was notified of a proposal submitted by Duet Private Equity, based in London to the banks NBG, Alpha, Piraeus ...

Forthnet sale deal expected by end-January - report

Published 12 Dec 2019 12:11 CET | Greece
The sale of Greek operator Forthnet to media group Alter Ego is moving ahead and an agreement is expected to be completed by the ...

Forthnet makes organisational changes

Published 24 Oct 2019 16:08 CET | Greece
Forthnet said it made three new appointments. The company put Grigoris Tsougrianis in charge of Consumer Services & Business ...

Forthnet revenues fall 7.5% to EUR 133.5 mln in H1

Published 27 Sep 2019 09:24 CET | Greece
Forthnet saw its revenues for H1 fall 7.5 percent year-on-year to EUR 133.5 million, mainly due to the decrease in its retail ...

Forthnet changes names of some tariff plans

Published 17 Jul 2019 12:34 CET | Greece
Forthnet changed the commercial distribution name of some of its residential and professional programmes, effective from 16 July. ...

Forthnet enters MVNO deal with Vodafone Greece

Published 28 Jun 2019 08:32 CET | Greece
Greek operator Forthnet entered into a MVNO agreement with Vodafone Greece. Forthnet will have wholesale access to Vodafone's ...