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UPDATE 1-Iliad founder to buy Orange Switzerland for $2.9 billion

December 19, 2014

LONDON, Dec 18- Telecoms tycoon Xavier Niel's NJJ Capital has agreed to buy Swiss mobile operator Orange Switzerland from private equity group Apax Partners for 2.8 billion Swiss francs, Apax said in a statement. NJJ Capital, Niel's private investment fund, has circled Orange Switzerland since 2012 when the business was sold to Apax. NJJ Capital declined to...

Source: http://www.cnbc.com/id/102280162
 
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