Amena bidders circle Danish telecoms

Private equity firms which lost out in the €6.4bn ($7.8bn) bid for Spanish mobile phone group Amena, have turned their attention to TDC, the Danish national telecommunications carrier, whose estimated value is $9bn (€7.3bn).

The Wall Street Journal reports that two consortia have approached TDC management with offers to buy the whole company which had poison pill provisions until six months ago.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink