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KKR Drops Bid For Polkomtel

Kohlberg Kravis Roberts has backed out of the race for Poland’s second largest mobile operator, Polkomtel.

    Kohlberg Kravis Roberts(KKR) has backed out of the race for Poland’s second largest mobile operator,Polkomtel,Reutersreports. Polkomtel is being sold by Polish state-controlled firms,KGHM,PKN Orlen,PGEandWeglokoks。拍卖将价值operator at up to $6.6 billion.

    A private equity team ofTPGandBlackstoneare considered to be the most potential buyers for the company. Last month, Polkomtel’s owners shortlisted seven bidders, including Polish media tycoon,Zygmunt Solorz-Zak, Nordic operators,TeliaSoneraandTelenor, and private equity firm,Apax。

    Click here for the story fromReuters.

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