Transaction details
proposal whereby 3i Group (“3i”) and Oak Hill Investors would acquire TeleCity plc (“TeleCity”). It is proposed that 3i and Oak Hill would control TeleCity on a
50%/50% basis through a specially created company Inhoco.
| Economic sector | Media merger |
| Data centre services | No |
Notification date: Wednesday, August 3, 2005
| Parties Involved | Business activities |
| The Publishers Association | |
| 3i | private equity investor. |
| Oakhill | invests in companies that are pioneering innovative technologies |
|
Current status |
Completed |
Preliminary investigation (Phase 1) |
Decision date: Friday, September 2, 2005
