KKR, Allianz among contenders for Altice Europe fibre sale: Reuters
Rival consortia led by U.S. buyout fund KKR and Germany’s insurer Allianz are among the four main contenders for a stake in the fibre network business of Dutch-based telecom company Altice, sources told Reuters. Altice is selling a stake of between 40 and 60 percent in its fibre network business, a deal that could be worth up to 3.6 billion euros (US$4.11 billion). The two other bidding groups are led by Australian investment firm Macquarie and U.S. infrastructure fund I Squared Capital. Ontario Municipal Employees Retirement System (OMERS) has teamed up with Allianz while Singapore’s GIC has joined forces with I Squared, one of the sources said.
6 November 2018•2 mins read
