Private equity funds team up in bid for Polkomtel

It is believed that KKR and Providence Equity Partners have formed a joint bid while Apax and Bain Capital have also joined forces. The sale is expected to fetch a price tag of around €4bn and, according to recent sources, a flotation may be the preferred route if bids are too low.

It is understood that the number of bidders for the Polish telco has fallen from seven to five.

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• Topics
• CEE
• Technology
• Buyouts
• KKR
• Apax Partners
• Poland