CVC Capital Partners may acquire German cable company, Kabel Baden-Wuerttemberg, from Swedish private equity firm, EQT, The Wall Street Journal reports. CVC is expected to have offered about €2.95 billion for the company.
Liberty Global and Hellman & Friedman had also offered bids for KabelBW. JPMorgan Chase and Deutsche Bank are acting as advisors to EQT on the transaction.
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