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Vivacom attracts three bidders - report

Monday 16 November 2015 | 07:58 CET | News
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Three potential buyers placed binding bids for Bulgaria's Vivacom by the 12 November deadline, writes local news agency Novinite. The offers were submitted by Greece's Olympia group backed by US-based hedge fund firm Third Point; by Marc Schneider, co-founder of European cable group UPC and financially backed by US-based private equity fund CVC; and by Bulgarian-born and UK-based entrepreneur Spas Roussev. His offer is expected to be financially backed by VTB Capital, the investment-banking arm of Russia's second-largest bank VTB. An auction will be held in London on 19 November for 100

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Categories: General
Companies: UPC / Vivacom
Countries: Bulgaria
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