KKR (KKR), JPMorgan's (JPM) Gavea Investimentos and Apax Partners are among those reportedly joining up to bid for Vivendi's GVT phone unit in Brazil, putting them in competition with DirecTV (DTV). The group may offer up to €5B, although that's well below Vivendi's asking price of €8B. DirecTV could be more willing to make a proposal that's closer to Vivendi's figure, due to the synergies the deal would bring.
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