Apax nears deal to buy Warburg Pincus out of €6.5 billion telecoms group Odido, FT reports

Apax, a private-equity group, is nearing a deal to buy Warburg Pincus out of their joint investment in Dutch telecoms group Odido, The Financial Times reported on Saturday.The deal would value Odido at about €6.5 billion ($7.4 billion), the report said, citing people familiar with the matter.($1…