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Europe

TDC's Owners Seek Exit

1:05 PM -- The consortium of private equity firms that formed Nordic Telephone Company (NTC) and acquired Danish incumbent carrier TDC A/S (Copenhagen: TDC) for $12 billion in early 2006 is looking to relinquish ownership, with a listing on the Danish stock exchange a possibility, according to this Sunday Times report. (See TDC Unveils $12B Offer and NTC Completes TDC Offer.)

But the Copenhagen Post believes the report of a potential stock listing is a ruse designed to attract a bidder. Check out this story for more.

— Ray Le Maistre, International News Editor, Light Reading

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