Get sale could raise NOK7.7bn

1 Apr 2014

A rumoured sale of Norwegian cableco Get by its private equity owners is expected to generate as much as NOK7.7 billion (USD1.3 billion), according to Bloomberg. Following on from reports in early February 2014 that the broadband provider was set to be sold, the news agency cites two people familiar with the matter as having confirmed that Get owners – Goldman Sachs Group’s buyout unit, GS Capital Partners, and Quadrangle Capital Partners – are sounding out potential buyers. Further, it is also understood that the parties involved are considering an initial public offering (IPO) as an alternative option.

Norway, Get