The Czech Press Agency carries a report today of some potential Cesky Telecom bidders. The news agency reports that Warburg Pincus has teamed with Doughty Hanson and Apax, and that CVC Capital has teamed with Spectrum Equity Capital. Reportedly, KKR and Advent International could also be interested in the privatization. Financial investors can not bid alone, though, they must join a strategic investor. Preliminary bids are to be submitted tomorrow, January 9.
(Jiri Soustruznik)