Host Europe Group bids due this month

CashIt is being reported that Host Europe Group anticipates bids for the company to come from at least 2 different parties. Deutsche Telekom’s Strato is believed be teaming up with Hellman & Friedman to make a bid. While United Internet (parent of 1&1) will team up with Warburg Pincus to make another bid.

There has been reports for months now that Cinven, the private equity group that owns Host Europe Group, has been trying to unload the assets.