CVC in Talks with Orange Bidder

Private equity group CVC is making a mark on its auction of Orange Switzerland by holding talks with one of the bidders about a possible merger with the Swiss telecom firm's rival Sunrise, Reuters wrote Friday, citing the Financial Times. CVC had held preliminary discussions with Providence Equity Partners over a possible merger if Providence wins the sales process for France Telecom's Swiss mobile operations, Reuters wrote.

DealsNorth AmericaUSBriefs