CVC Mulls Bid For Orange Switzerland

CVC Capital Partners is looking to place a bid for Orange Switzerland.

CVC Capital Partners is looking to place a bid for Orange Switzerland, Reuters reports. Advent International, Apax Partners, Bain Capital, Cinven, EQT Partners and Providence Equity Partners are among other private equity firms that are expected to be interested in the business. The seller France Telecom may raise $2.04 billion from the sale. Swiss cable operator Cablecom owned by Liberty Global and Egyptian billionaire Naguib Sawiris are also among parties that are likely to place their bid.

Click here for the story from Reuters.