BC Partners is acquiring Com Hem from private equity owners Carlyle and Providence Equity Partners, The Wall Street Journal reports. The private equity firm will pay $2.6 billion for the Swedish cable TV operator.
Goldman Sachs, UBS, Morgan Stanley, Deutsche Bank, Nordea and Bank of America Merrill Lynch provided financing for the deal, adds Financial Times. Deutsche Bank and Morgan Stanley managed the auction process for Carlyle and Providence. UBS and Goldman Sachs served as advisers to BC Partners.
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