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Netherlands - France Telecom close to deal to sell Casema.

Europe Intelligence Wire

| December 09, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From RDSL Europe)

France Telecom is close to reaching an agreement to sell Casema (Netherlands), cable TV unit, to Carlyle Group (Washington, DC) and Providence Equity Partners (Providence, RI), both private equity companies, for almost Euro700 mil, according to sources familiar with the situation. GMT Communications (UK), private equity firm, may also take a stake in Casema. Talks …

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