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SOFIA (Bulgaria), September 27 (SeeNews) - UK-based BC Partners said on Thursday it has signed a definitive agreement to acquire majority ownership of United Group, a leading media and communication services provider across Southeast Europe, from US-based investment group KKR.
The transaction is subject to regulatory approval, BC Partners, an international investment firm, said in a statement.
The price of the transaction was not disclosed.
According to The Wall Street Journal, which cited "people familiar with the matter", the deal values United Group at 2.6 billion euro ($3 billion).
($ = 0.8570 euro)