Group of private equity funds bids $12 billion for telecom in Europe's biggest LBO ever
Article Abstract:
Nordic Telephone, a consortium of private equity funds, including JPMorgan, Deutsche Bank, Barclays Capital, and Royal Bank of Scotland, is acquiring Denmark based TDC, which is a leading telecommunication company. Consideration for the said transaction is $12 billion. So far, this is the highest amount ever paid in a leveraged buyout. Other mergers and acquisitions in the sector are also mentioned.
Publication Name: Global Finance
Subject: Business
ISSN: 0896-4181
Year: 2006
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Record Russian IPO gets London listing
Article Abstract:
The Russian conglomerate Sistema, which is controlled by billionaire Vladimir Yevtushenkov, raised $1.35 billion last month through global depositary receipts that are listed on the London Stock Exchange. The sale, which was Russia's biggest initial public offering, was dealt by Morgan Stanley and Credit Suisse First Boston.
Publication Name: Global Finance
Subject: Business
ISSN: 0896-4181
Year: 2005
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