Private equity firms want to buy Com Hem


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Tuesday, 14 June 2011
Private equity companies Nordic Capital and Cinven are getting together to jointly buy Swedish cable network, Com Hem, said three people familiar with the deal to Thomson Reuters on Tuesday.

The companies declined to comment on the information.

Com Hem can be sold for Skr18 billion, according to sources. Even private equity firms CVC Capital Partners and BC Partners are also interested and are in the bidding.
Com Hem is currently owned by private equity firms Carlyle and Providence.

Approximately 1.76 million of Sweden's households are connected to Com Hem's network which provides TV programs, broadband and telephony.
By Team

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