The underbidder for Siteserv is understood to have offered a higher price for the company, which was recently acquired by telecoms entrepreneur Denis O'Brien for more than €45 million.
sources said that Australian hedge fund Anchorage Capital had put more money on the table, but elements of the offer were considered less attractive then the O'Brien bid. O'Brien was chosen as the preferred bidder, with Anchorage in second place.
Some ten companies were involved in...
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