Blackstone, BC Partners Plan Com Hem Bid

Blackstone Group is seeking to bid for Swedish cable company, Com Hem.

Blackstone Group is seeking to bid for Swedish cable company, Com Hem, Bloomberg reports. Competing rivals may include Stockholm-based Nordic Capital, Hellman & Friedman and London-based CVC Capital Partners and BC Partners. The bids may value the Swedish cable company at over €2 billion. Carlyle Group and Providence Equity Partners are selling the Stockholm-based Com Hem after acquiring it for around €1 billion.

Click here for the story from Bloomberg.