Canbrás: Bell Canada selling up, visits end in two weeks? time

Renato Ferreira, CEO of Canbrás, says the sale of Bell Canada?s share in the MSO is well advanced and companies of different kinds are interested, from pay-TV operators to investment funds. He won?t name names or say how many prospective buyers there are, however. The sale is being managed by Credit Suisse First Boston (CSFB). Visits to data rooms are concluded. Would-be investors are now touring the facilities. This stage will be over in about two weeks? time. Bids will then be submitted, but a final deal isn?t expected before March 2003. TVA is being kept up to date but its stake isn?t for sale ? for the time being, at least.

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