Several PE firms have reportedly placed first-round bids for Swedish cableco Com Hem.
Reports suggest potential buyers include Blackstone, Nordic, Hellman & Friedman, BC Partners and CVC.
Com Hem’s management will meet with bidders over the next few…
Several PE firms have reportedly placed first-round bids for Swedish cableco Com Hem.
Reports suggest potential buyers include Blackstone, Nordic, Hellman & Friedman, BC Partners and CVC.
Com Hem’s management will meet with bidders over the next few weeks, but a deadline for second-round bids has not been set, according to one report citing sources.
Current owners Carlyle and Providence Equity are 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.
