February 20, 2011 / 5:30 PM / 6 years ago

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)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below