Likely bidders for Swedish cableco Com Hem are private equity firms Blackstone, BC Partners, Nordic Capital, Hellman & Friedman, CVC and BC Partners, reports Bloomberg citing sources.
Current owners Carlyle and Providence Equity are selling the business,…
Likely bidders for Swedish cableco Com Hem are private equity firms Blackstone, BC Partners, Nordic Capital, Hellman & Friedman, CVC and BC Partners, reports Bloomberg citing sources.
Current owners Carlyle and Providence Equity are selling the business, which they acquired in 2006. They are thought to be advised by Deutsche Bank and Morgan Stanley.
There is a possibility that Com Hem could be reunited with its former owner, incumbent TeliaSonera, which divested it in 2003 to comply with regulations. The operator is reportedly seeking permission to buy the group from local regulators.
Other potential strategic buyers are Telenor and Tele2.
