BC Partners resurrects talks to buy Phones 4u-report
LONDON Feb 20 (Reuters) - Phones 4u could be sold within weeks after buyout firm BC Partners [BCPRT.UL] resurrected talks to buy the privately owned mobile phone retailer for about 700 million pound ($1.1 billion), the Sunday Times reported, citing no sources.
It reported that the European buyout group approached Providence Equity Partners, the U.S. investment firm that acquired the mobile retailer in 2006, with a sweetened offer in the past couple of weeks. ($1=.6152 Pound) (Reporting by Julie Crust; editing by Maureen Bavdek)
- Atheists face death in 13 countries, global discrimination: study
- South Africa admits mistake over 'schizophrenic' Mandela signer |
- Missouri executes man for killing good Samaritan motorist in 1994
- Thai military chief rebuffs meeting request in blow to protesters |
- Apple scores legal victory over Samsung in South Korea