EQT is to acquire 91 percent of IP-Only Telecommunication AB from the three largest shareholders. IP-Only is a provider of high capacity fiber based data communication and datacenter services in Sweden.

Five private equity groups are set to bid for Springer Science+Business Media, owned by private equity firm EQT and sovereign wealth fund GIC, writes Reuters. While EQT and GIC are hoping to reap as much as 4 billion euros ($5.2 billion) for the German speciality publisher of scientific journals, the prospective buyers are unlikely to offer much more than a price tag of slightly over 3 billion euros, writes Reuters.

EQT has pulled the sale of German academic publisher Springer Science+Business Media because it believes it can achieve a better price later in the year, the Financial Times reported, writes Reuters. Sweden’s EQT, which teamed up with GIC, the investment vehicle of the government of Singapore, to buy Springer in 2009 was aiming to get up to 4 billion euros ($5.3 billion) for the publisher.

Private equity groups and local rival UPC are circling Polish cable group Multimedia Polska which is up for sale with a price tag of about 700 million euros ($861 million), writes Reuters. Permira, EQT and Mid-Europa Partners are considering placing bids for the business. (Reuters) – Private equity groups and local rival UPC are circling [...]

As you sit down with your coffee this morning click on First Read to find out about EQT’s Vertu deal, Esprit’s takeover talks, Nokia’s firing spree and why traditional media should be afraid of Twitter.

EQT VI is to acquire medical supplies manufacturer BSN medical from Montagu Private Equity for around 1.8 billion euros ($2.5 billion). BSN was founded in 2001 as a joint venture between Beiersdorf and Smith & Nephew and was acquired by Montagu Private Equity in 2005. PRESS RELEASE EQT VI has agreed to acquire medical supplies [...]

German utility E.ON has drawn lukewarm interest in the sale of its waste burning operations, with bids unlikely to top 800 million to 1 billion euros ($1.0-1.3 billion), writes Reuters. Four potential buyers are expected to submit binding bids with Morgan Stanley Infrastructure and Swedish private equity group EQT seen as frontrunners, writes Reuters. Reuters [...]

Electronics testing equipment maker Agilent Technologies Inc., which is backed by Sweden-based private equity group EQT, will pay $2.2 billion in cash to buy Denmark-based cancer diagnostics company Dako, Reuters wrote Thursday. The deal is expected to close in two months, Reuters said.   (Reuters) – Electronics testing equipment maker Agilent Technologies Inc, backed by [...]

Swiss technology firm Buehler AG has bought vacuum technology specialist Leybold Optics, from EQT, the private equity firm backed by Sweden’s Wallenberg family, Reuters reported Wednesday. The value of the transaction was not disclosed. (Reuters) – Swiss technology firm Buehler AG has bought vacuum technology specialist Leybold Optics, from EQT, the private equity firm backed [...]

Four private equity firms are set to fight it out for Sweden’s Bravida, worth around $1 billion, writes Reuters. Sources familiar with the matter said EQT, Apax Partners, Bain Capital and PAI Partners have proceeded into the second round of bids for the installation services firm, owned by private equity group Triton. Reuters – At [...]