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Energis bidders may get together

Great minds and all that...

By Tony Hallett

Published: 31 May 2002 08:30 GMT

There is speculation that the two private equity firms picking over the withered Energis may team up to make a bid for the business telco.

The two camps comprise Apax Partners and Carlyle in one corner, and Permira, formerly Schroder Ventures, in the other.

It is thought any deal should cover the company's debts but leave shareholders with little more.

Energis is being advised by Goldman Sachs and Dresdner Kleinwort Wassertein.

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