Evry sees interest from Apollo - report (translated)
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Evry, the Norwegian IT company, has attracted the interest of American PE firm Apollo, according to Dagens Naeringsliv.
The Norwegian business daily reported that newswire reports have already pointed to Finnish IT company Tieto and the international PE firm Apax as bidders for Evry but unnamed sources have now also named Apollo as a bidder. Apollo's European PR advisor, Maitland, declined to comment on the matter via an e-mail to the paper.
Sources told the paper that PE firm Advent was also said to be interested in Evry earlier in the process, but later withdrew.
The paper reported further that the sale of Evry has reached its final stages and may be concluded before the end of the year. Meanwhile, Evry's spokesperson Geir Remman did not wish to comment on the report.
Source Dagens Naeringsliv