UK buyout firm Candover has agreed to sell Norwegian cable television company GET for 5.8 billion crowns (E0.7bn)) to a group of buyers led by rivals Quadrangle and GS Capital Partners. The private equity firm bought the business, which provides its services to 370,000 households in Oslo and Southern Norway, for 3.6 billion crowns in January 2006.

Other posts by :

1. SES happy with releasing 160MHz of spectrum for 5G
2. Inmarsat “likely to win appeal” over Ligado/AST action
3. FCC seeks fair play over foreign satellite access
4. Bank raises RocketLab target price
5. Paramount throws kitchen sink
6. Ukraine wants its own LEO system
7. SpaceX outlines Starlink cellular delivery plan
8. NAB vs CTIA on C-band release
9. Laser terminals to operate at 100x faster

Categories: Articles, Business, M&A