Debt Management - KKR, Apax-Led Group to Buy TDC for $15.3 Billion (Update2)
KKR, Apax-Led Group to Buy TDC for $15.3 Billion (Update2)
Bloomberg.com - Nov 30 8:58 AM
Nov. 30 (Bloomberg) — Kohlberg Kravis Roberts & Co. and a group of takeover firms agreed to acquire TDC A/S, Denmark’s former phone monopoly, for $15.3 billion in the biggest leveraged buyout since RJR Nabisco Inc. 16 years ago.Save to My Web
Investors to pay $12 billion for top Danish phone firm
International Herald Tribune - Nov 30 6:11 AM
TDC, Denmark’s largest phone company, said Wednesday that it had agreed to be bought by a group of British and U.S. private equity firms in a deal valued at $12 billion.Save to My Web
Finance Ministers Seek Clarity On Debt Relief
AllAfrica.com - Nov 29 6:29 AM
African Finance Ministers still do not know exactly how much of the continent’s foreign debt is to be cancelled under the deal announced in July at the summit in Scotland of the G8 group of most industrialised nations.Save to My Web
Pension liabilities worry French official
BusinessWeek - Nov 29 10:23 AM
NOV. 29 12:38 P.M. ET France has euro900 billion (US$1.06 trillion) in pension liabilities to fund in addition to its record levels of public debt, the finance minister told parliament’s lower house on Tuesday.Save to My Web