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Wednesday, January 5, 2011

Time Warner, KKR, TPG on Dogan Yayin short list-sources, (NYSE: TWX), (NYSE: KKR), (DYHOL)

Time Warner (TWX.N), and U.S. private equity funds, KKR (KKR.N) and TPG [TPG.UL], are on a short list of potential buyers of assets belonging to Dogan Yayin (DYHOL.IS), Turkey's biggest media group, sources familiar with the deal said on Wednesday. The starting price for the properties on sale is seen starting at $1.6 billion and $1.8 billion, according to the sources. Hurriyet newspaper, Dogan Yayin's biggest-selling daily, is not among the current group of assets for sale, the sources said.

Source