ComputeLabs Research

Private-equity firm Apax reportedly nears an agreement with Warburg Pincus (华平资本) valuing Dutch telecom operator Odido at around €6.5 billion.

· ComputeLabs Research · from the September 26, 2026 edition

The reported transaction remains at the negotiation stage. The supplied message, citing people familiar with the matter, says Apax is close to an agreement involving Warburg Pincus’s interest in their joint investment in Odido. It does not establish that a definitive agreement has been signed or that the transaction has closed.

The valuation applies to Odido, rather than a disclosed payment for the stake. The report gives an approximate company valuation of €6.5 billion and a corresponding dollar figure of $7.4 billion. It does not identify the valuation as enterprise value or equity value, or disclose the precise ownership percentage being purchased.

The available capital-markets detail is limited to the parties, transaction direction, and valuation. No financing commitments, leverage, collateral, dilution, approval conditions, or closing timetable appear in the supplied message. Odido is identified as a Dutch telecommunications operator; the report does not describe a GPU-cloud transaction or a pivot into AI compute services.

Additional reporting

  • Apax
  • Warburg Pincus (华平资本)
  • Odido

All 14 stories from September 26, 2026