TDC’s Eu7bn offer lined up to be first IPO after the summer

29 Jul 2010

Danish telecoms group TDC is expected to bring the first IPO after the summer holidays, with a Eu7bn offer.

Credit Suisse, Deutsche Bank, Goldman Sachs and JPMorgan are bookrunners for the deal. TDC is 90% owned by private equity firm Apax Partners, Blackstone, Kohlberg Kravis Roberts, Providence Equity and Permira.

TDC’s float has been mooted for much of the year. However, it was previously assumed that a listing ...

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