Xpedite
Investment Company
News
Funds advised by Apax Partners and TPG announce the sale of TIM Hellas to Weather Investments
Funds advised by private equity firms Apax Partners and TPG today announce the sale of TIM Hellas Telecommunications S.A., the third largest mobile phone carrier in Greece, to Weather Investments SPA.
Bain Capital and Apax Partners join private equity consortium purchasing majority stake in Philips’ semiconductor unit
Bain Capital and Apax Partners today announced that they had signed definitive commitments to join an expanded private equity consortium that has agreed to acquire an 80.1 percent stake in the Semiconductor Division of Royal Philips Electronics (NYSE:PHG, AEX:PHI). Philips announced on August 3, 2006 that it had signed an agreement to sell the majority stake in the business.
Nordic Telephone Company’s tender offer for all TDC Shares and TDC ADSs has expired with a preliminary count of acceptances indicating that NTC owns or has received tenders representing approximately 88.2% of TDC’s Share Capital
Nordic Telephone Company expects to announce that it will complete the tender offer no later than 25 January 2006.
