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France - Cinven gets offers for up to 35% of Numericable - report.

Europe Intelligence Wire

| October 30, 2007 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Telecompaper Europe)

Several investment funds have made offers to buy up to 35 percent of French cable operator Numericable from UK fund Cinven, writes Les Echos. A first attempt to buy half of Cinven's 70 percent stake was aborted this summer because of the sub-prime mortgage crisis. A new process was relaunched and apparently attracted interest only from investment funds. Rothchild and Morgan Stanley, which are handling the operation, did not reveal the precise number of …

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