Ten candidates submitted indicative bids for Polish mobile operator Polkomtel and about five will be shortlisted for the next round expected in mid-March, Dow Jones Newswires reports quoting people familiar with the situation.
A spokesperson for…
Ten candidates submitted indicative bids for Polish mobile operator Polkomtel and about five will be shortlisted for the next round expected in mid-March, Dow Jones Newswires reports quoting people familiar with the situation.
A spokesperson for TeliaSonera said: “We have submitted an indicative offer for Polkomtel, but it is still early days in the process.”
The Nordic company is advised by Bank of America Merrill Lynch.
As previously reported, the Blackstone/TPG consortium is advised by Credit Suisse, JPMorgan and Raiffeisen Investment, Apax is working with Morgan Stanley and Bain Capital is with BNP Paribas.
Earlier this month, Daniel Hajj, the CEO of Mexican operator America Movil, was quoted saying that his company was considering bidding for Polkomtel. Other potential candidates which have recurrently been mentioned are Telefonica, Telenor, Providence, CVC Capital Partners and Polish businessman Zygmunt Solorz-Zak.
Telecoms specialists have valued Polkomtel at E4bn.
KGHM, PKN Orlen and Vodafone each have a 24.39% stake in Polkomtel, with PGE holding 21.85% and Weglokoks 4.98%.
PKN Orlen is advised by Nomura, while PGE is advised by ING, KGHM is advised by Rothschild and Vodafone is advised by Goldman Sachs. Nomura is understood to be coordinating the pool of advisers.
KGHM declined to comment and the other parties did not respond before press time.
