16-05-2025
Cinven Taps Goldman, UBS for €6 Billion Ufinet Sale
Private equity firm Cinven has selected Goldman Sachs Group Inc. and UBS Group AG to arrange a sale of telecom operator Ufinet Group, according to people familiar with the matter.
Cinven is seeking a valuation of about €6 billion ($6.7 billion) for Ufinet Group in a deal, said the people, who asked not to be identified as the information is private. The Madrid-based company and its advisers could kick off a formal sale process after the summer, one of the people said.