keywords: intelsat equity auction 3bn 5bn
text: European/US private equity consortium buys Intelsat in deal valued at \$5bn An unusual alliance of US and European private equity firms has won the auction to buy Bermuda-based satellite business Intelsat. Europeans Apax and Permira and US firms Apollo Management and Madison Dearborn will pay \$3bn for the business and assume \$2bn ...