France: Investment Fund to Buy PagesJaunes Stake
France T l com said it was in talks to sell its 54 percent stake in the yellow pages service PagesJaunes to the New York investment fund Kohlberg, Kravis Roberts & Company for $4.18 billion. Kohlbergs bid values PagesJaunes at 22 euros ($27.90) a share, or 3.3 billion euros ($4.18 billion), for the 54 percent stake, France T l com said. The fund plans a buyout offer for the remaining shares in
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