KKR sells Balkans cable operator United to BC Partners

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(Telecompaper) KKR has agreed to sell the Balkans cable operator United Group to fellow private equity fund BC Partners. KKR will retain a “substantial minority stake” after the deal, it said. Financial terms of the transaction were not disclosed, while sources familiar with the matter told the Wall Street Journal that the deal values United at around EUR 2.6 billion including debt. 
Source: Industry News (syndicated from Telecompaper.com)

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