Apax Nears Deal to Buy Warburg Pincus Stake in Odido
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4 Articles
British investment firm Warburg Pincus is on the verge of exiting as a shareholder of telecom company Odido. According to the Financial Times, the company intends to sell its stake to co-shareholder Apax, also a British investment firm. This would make Apax the sole shareholder of Odido. The deal is not yet finalized, but could be concluded in the coming days.
Apax in talks to acquire Warburg Pincus stake in €6.5bn Dutch telecoms group Odido
TOP STORY: Apax is in advanced discussions to acquire Warburg Pincus’ interest in Dutch telecoms operator Odido, potentially taking sole private equity ownership of the business at a valuation of about €6.5bn, according to a report by the Financial Times.
Apax nears deal to buy Warburg Pincus stake in Odido
Private equity group Apax is nearing a deal to buy Warburg Pincus out of their joint investment in Dutch telecoms group Odido, the Financial Times reported on Saturday. Here are some details: The deal would value Odido at about €6.5 billion ($7.4 billion), the FT reported, citing people familiar with the matter In February, Odido, […]
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