Duke Street to keep 2e2

UK-based buyout firm Duke Street Capital has failed to agree a price with a party interested in its portfolio company 2e2

UK-based buyout firm Duke Street Capital has failed to agree a price with a party interested in its portfolio company 2e2. Negotiations over the sale of the technology company, which has a reported valued of around £400m, began early in the summer.

Telecommunications group Cable & Wireless is understood to have been the front runner for 2e2 but talks unravelled over price, according to two sources familiar with the situation.

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