Thursday, March 29, 2007

BCE being eyed by buyout firm KKR: report

(Reuters) - KKR would not be able to purchase BCE on its own due to foreign ownership restrictions on Canadian phone companies, but the sources said the private equity firm has been in talks with potential partners, including leading pension funds.

Ontario Teachers' Pension Fund, BCE's biggest shareholder with a 5.3 percent stake, is among those that have been approached, according to the report.


Read more at Reuters.com Business News

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