The Carlyle Group and Providence Equity Partners have renewed their interest in Casema, the Dutch cable subsidiary of France Télécom, following a decision by the Dutch antitrust regulator to launch an investigation into Casema's proposed €750m ($759m) acquisition by Liberty Media.
Liberty Media already has a controlling interest in United Pan-Europe Communications, which has 40% of the Dutch cable market. The Nederlandse Mededingingsautoriteit, the Dutch competition regulator, is concerned that the addition of Casema to Liberty's stable of cable interests "could seriously hinder competition in the Dutch market" as it would result in the US media group owning 60% of the Dutch cable industry.