SGAPY Singapore Telecommunications Limited (PK)

KKR & Co. (KKR) and Carlyle Group (CG) are among groups preparing bids for Singapore Telecommunications Ltd's Australian arm, Optus Satellite, Reuters reported Tuesday, citing people familiar with the matter. SingTel is valuing Optus at more than A$2 billion, these people said, adding that a bid is also expected from France's Eutelsat Communications SA (ETL.FR).

Full story at http://www.nytimes.com/reuters/2013/05/28/business/28reuters-singtel-optus.html?s c=busln

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires