A number of potential buyers have expressed initial interest in Lebara, the Netherlands-headquartered MVNO that has put itself up for sale. Media reports said that more than 20 trade buyers and private equity investors have requested further information…
A number of potential buyers have expressed initial interest in Lebara, the Netherlands-headquartered MVNO that has put itself up for sale. Media reports said that more than 20 trade buyers and private equity investors have requested further information about the target company, which is advised by Royal Bank of Scotland.
A spokesperson for Lebara refused to comment on details and only confirmed that a strategic review is under way with RBS advising.
A Times report claimed that Vodafone, T-Mobile and KPN are among the interested parties, referring to industry sources. Initial offers are reportedly due in August and a transaction could be finalised a month later already.
The estimated deal value is around £650m, the reports said.
