{"id":660611,"date":"2013-05-28T15:32:29","date_gmt":"2013-05-28T19:32:29","guid":{"rendered":"http:\/\/www.pehub.com\/?p=250214"},"modified":"2013-05-28T15:32:29","modified_gmt":"2013-05-28T19:32:29","slug":"kkr-carlyle-said-to-eye-bids-for-singtel-australia-arm","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/660611","title":{"rendered":"KKR, Carlyle said to Eye Bids for SingTel Australia Arm"},"content":{"rendered":"

Private equity firms KKR<\/strong> and Carlyle Group<\/strong> are among the suitors lining up bids for Singapore Telecommunications Ltd’s Australian arm, Optus Satellite, Reuters is reporting.<\/p>\n

(Reuters) – Private equity firms KKR and Carlyle Group are among the suitors lining up bids for Singapore Telecommunications Ltd’s Australian arm, Optus Satellite, people familiar with the matter told Reuters.<\/p>\n

France’s Eutelsat Communications SA is also expected to bid, the people said, with SingTel valuing the business at more than A$2 billion ($1.93 billion).
\nEutelsat (ETL.PA: Quote, Profile, Research, Stock Buzz), KKR & Co (KKR.N: Quote, Profile, Research, Stock Buzz) and Carlyle (CG.O: Quote, Profile, Research, Stock Buzz) have each lined up banks to work with during the auction, according to the people familiar with the matter.<\/p>\n

SingTel, whose majority owner is Singapore state investor Temasek Holdings TEML.UL, sent out financial information to interested bidders on Monday, with a first round bid deadline set June 14, one of the people said.<\/p>\n

The company announced a strategic review of the business in March. SingTel’s Optus business sells TV, telephony and broadband services to more than 2 million subscribers in Australia and New Zealand.<\/p>\n

Eutelsat was not immediately available for comment. KKR and Carlyle declined to comment.<\/p>\n

The post KKR, Carlyle said to Eye Bids for SingTel Australia Arm<\/a> appeared first on peHUB<\/a>.<\/p>\n

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Private equity firms KKR and Carlyle Group are among the suitors lining up bids for Singapore Telecommunications Ltd’s Australian arm, Optus Satellite, Reuters is reporting. (Reuters) – Private equity firms KKR and Carlyle Group are among the suitors lining up bids for Singapore Telecommunications Ltd’s Australian arm, Optus Satellite, people familiar with the matter told […]<\/p>\n","protected":false},"author":7428,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-660611","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/660611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7428"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=660611"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/660611\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=660611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=660611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=660611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}