Bain Capital


Apax and Bain Capital in rival bid for Portugal Telecom

Private equity groups Apax Partners and Bain Capital have made a rival bid for Portugal Telecom following Altice’s €7 billion bid for the company and Angolan businesswoman Isabel dos Santos’s counter-bid for the holding company for Portugal Telecom’s stake in Oi.  The two private equity companies have made a €7.075 billion bid for the Portuguese […]

Weather Channel ‘weighs sales’

NBCUniversal-backed cable net Weather Channel may sell parts or all of its assets, according to a report from business wire Bloomberg. Comcast-owned NBCU co-owns WeatherChannel Cos. with private equity groups Blackstone Group LP and Bain Capital LLC, having acquired the company in 2008 for US$3.5 billion. However, the private equity groups have now spoken with JPMorgan […]