The dual track exit plan for Danish incumbent TDC is expected to attract trade buyers, a source at owner NTC has told TelecomFinance.
Following the agreed SFr3.3bn (E2.51bn) sale of Swiss subsidiary to private equity firm CVC, the company’s long awaited…
The dual track exit plan for Danish incumbent TDC is expected to attract trade buyers, a source at owner NTC has told TelecomFinance.
Following the agreed SFr3.3bn (E2.51bn) sale of Swiss subsidiary to private equity firm CVC, the company’s long awaited IPO is expected to take place by the end of this year – assuming that the market does not deteriorate.
In 2005, 87.9% of TDC was acquired by NTC, the buyout vehicle comprising Apax Partners, Blackstone, Kohlberg Kravis Roberts, Permira and Providence for DKr76bn (E10bn).