Deals Rumor Mill: TPG, Rosneft, Tesco

Law360, New York (September 10, 2013, 1:38 PM ET) -- The field of suitors for the digital classifieds unit of Deutsche Telekom AG has been narrowed to four private equity firms — Apax Partners LLP, New York-based Hellman & Friedman LLC, Texas' TPG Capital and Silicon Valley's Silver Lake Management LLC, Bloomberg reported on Tuesday. Germany's telecom giant is unloading a 30 percent stake in the business, Scout24, that could fetch more than $2 billion. Final bids are due next week. Scout24 operates in 22 countries, providing online classified ads for cars, homes and other items. Deutsche...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers