BC Partners-Owned United Group has agreed to acquire the debt and a significant minority interest in the Greek telco and pay-TV operator Forthnet.
The London-based private equity firm BC Partners have entered into exclusive negotiations with the creditors of the Greek telco Forthnet.
Tele2 has completed the sale of its Croatian subsidiary to United Group.
Protests have taken place in Belgrade in support of N1, the TV channel that now finds itself at the centre of a dispute between its operator United Group and Telekom Srbija.
The Croatian Competition Authority has notified Tele2 and United Group of its decision to approve the sale of Tele2 Croatia to United Group.
The dispute between United Media and Telekom Srbija has taken on a political dimension, with the former’s parent company United Group accusing the country’s PM Ana Brnabic of siding with the incumbent telco.
The Croatian Competition Agency has decided to initiate a Phase ll investigation into the sale of Tele2 Croatia to United Group.
BC Partners-owned United Group has agreed to buy the Bulgarian incumbent Vivacom for a reported €1.2 billion.
Empreno Ventures has called on United Group and its controlling shareholder BC Partners to halt negotiations pertaining to the acquisition of the Bulgarian incumbent telco Vivacom pending a court decision.
United Group has rejected claims by the Serbian Prime Minister Ana Brnabic that its subsidiary Serbia Broadband (SBB) has a monopoly, thereby preventing her from changing provider to Telekom Srbija.