The current private equity owners of Play have reportedly mandated BofA Merrill Lynch to sell or list the Polish challenger in a dual-track process.
The owners of Play have reportedly mandated BofA Merrill Lynch to sell or list the Polish challenger in a dual-track process.
Current private equity owners Tollerton Investments Limited (50.3%) and Novator Partners (49.7%) are looking for more than €2bn (US$2.13bn) and a straight sale is the preferred option, Reuters reported citing sources.
Strategics such as Norway’s Telenor (OSE:TEL), Sweden’s TeliaSonera (STO:
Reuters cited sources saying private equity firms looking at bids for T-Mobile Netherlands may also be interested. CVC Capital Partners, Apax Partners, Warburg Pincus, Providence and Bain Capital are all said to be looking at Deutsche Telekom’s unwanted Dutch asset.
Tollerton, Novator, Play and BofA Merrill Lynch were not immediately available for comment.