Wires

Private equity takes stake in cable group Euskaltel

LONDON, Oct 8 (Reuters) - Private equity groupsInvestindustrial and Trilantic Capital Partners have taken aminority stake in Spanish cable television provider Euskaltel.

Investindustrial, the buyouts group backed by Italy's Bonomifamily, and former Lehman Brothers private equity arm Trilanticsaid on Monday they had taken a 48 percent stake in the Basqueregions sole cable company.

The purchase price was not disclosed, but exceeds 200million euros ($261.20 million), the buyers said in a statement.

The firms bought the stake in the buiness from the currentshareholders KutxaBank, Iberdrola , Endesa ,Mondragon and a number of Basque government-related entities.

($1 = 0.7657 euros)(Reporting by Simon Meads)

((simon.meads@thomsonreuters.com)(+44 20 7542 9969)(ReutersMessaging: simon.meads.thomsonreuters.com@reuters.net))

Keywords: EUSKALTEL/