Nordic Capital Drops Out of Com Helm Race

Nordic Capital has dropped out of the running to buy Swedish cable television operator Com Hem, Reuters reported. Buyout shop CVC dropped out earlier in the process. Final bids are due this week, and Cinven and rival BC Partners are expected to table binding bids for the cable firm, Reuters wrote. The company is expected to fetch as much as 18 billion Swedish Crowns ($2.7 billion), Reuters said.

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