Reuters - KKR Among Bidders for German Cell Towers

Private equity firm KKR is among bidders for the German cell phone towers put up for sale by Dutch telecoms group KPN, Reuters reported. Sources familiar with KPN said the company hopes to fetch 300-400 million euros ($387-$516 million) from the sale. According to this person, private equity firms EQT, KKR as well as French television network operator TDF Group and Antin Infrastructure Partners are still in the race, Reuters wrote.

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