Cable provider com hem sold
The Local · 5 Dec 2005, 14:54
Published: 05 Dec 2005 14:54 GMT+01:00
Two US private-equity funds have agreed to buy Sweden's com hem AB, a provider of cable-television, telephone and broadband Internet services, for about 1.2 billion dollars, sources familiar with the deal told The Wall Street Journal Europe.
Providence Equity Partners of Providence, Rhode Island, and Washington-based Carlyle Group are expected to announce the deal Monday, the report said.
The two would be purchasing Stockholm-based com hem, Sweden's largest cable-television provider in terms of subscribers, from Swedish private-equity fund EQT Partners.
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