06-10-2016 09:08 via feedproxy.google.com

DT, United Internet to bid for Host Europe - report

(Telecompaper) Deutsche Telekom and United Internet are preparing rival bids for German web hosting provider Host Europe Group (HEG) ahead of a 10 Octoberdeadline for non-binding offers, sources involved in the process told Reuters. HEG, one of Europe's largest independent web hosting firms, was put up for sale by private equity firm Cinven before the summer but the process was shelved for a time due to market volatility resulting from Britain's vote to leave the EU. Cinven has now resumed effor
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