Simpson Thacher Guides $2.9B Apax Orange Exit
By Kaitlyn Kiernan ( December 18, 2014, 12:00 PM EST) -- Apax Partners LP said on Thursday that it would sell Swiss mobile phone group Orange Communications SA for 2.8 billion Swiss franc ($2.86 billion) — a 40 percent premium to what the U.S. private equity shop paid for the company just three years ago — in a deal shaped by Simpson Thacher & Bartlett LLP....
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