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3i/Oakhill/TeleCity

M/05/047

Completed

Transaction details

Proposal whereby 3i Group (3i) and Oak Hill Investors would acquire TeleCity plc (TeleCity). It is proposed that 3i and Oak Hill would control TeleCity on a 50%/50% basis through a specially created company Inhoco.
Case details
  • Notification date:2 August 2005
  • Publication date:2 August 2005
  • Economic sector:Telecom & IT service activities - K
  • Economic sub-sector:Data hosting & IT services - K.63
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Wednesday, 3 August, 2005 Notification received
  • Tuesday, 16 August, 2005 Third party submission deadline
  • Friday, 2 September, 2005 Determination issued
Parties Involved

3i

Private equity investor

 

Oakhill

Invests in companies that are pioneering innovative technologies

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