Serbia Broadband
United Group Dismisses Fears of 'Change' After Buyout
United Group's General Counsel, Steve Leroy, said nothing would change after the private equity firm BC Partners this week acquired a majority stake in the largest alternative pay-TV company in former Yugoslavia.
"The future plans for the companies within the group, including the N1 news network, will not change," Leroy told BIRN.
BC Partners Buys Serbia's Biggest Cable Group United Group
A private equity firm, BC Partners, is to take over majority ownership of Serbia's largest cable company, United Group, from the US-based equity firm, KKR, which will downgrade to minority owner, BC Partners and KKR announced jointly on Thursday.
"BC Partners is the final buyer of KKR's stake," BC Partners told BIRN on Thursday.