Rival consortia led by U.S.
buyout fund KKR and Germany's insurer Allianz
are among the four main contenders for a stake in the fibre
network business of Dutch-based telecom company Altice
, sources said.
Credit ratings agency Moody's
warned on Tuesday that heavyweight economies such as the United
States, China and Italy as well as emerging markets like Turkey,
Brazil and Argentina were all facing rising rating pressures.