JP Morgan is set to complete the €750m ($914m) sale of Debitel, the German mobile phone business owned by Swisscom, to private equity house Permira next week.

JP Morgan has been advising Swisscom since last November on the potential sale of its 93% stake in Debitel, for which it paid €3bn. JP Morgan was joint bookrunner with Goldman Sachs when Debitel floated in 1999.

JP Morgan set to close Debitel sale for Swisscom

David Rothnie

JP Morgan

Swisscom

Goldman Sachs

Telekom Austria

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