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BRIEF-Tandberg says talks with private equity group end

October 6, 2008 | Chris Payatagool

tandberg_160x46px.jpgOSLO, Oct 3 - Norwegian video conferencing equipment maker Tandberg (TAA.OL) said on Friday.

* That discussions with a private equity group over a possible stake in Tandberg have ended due to the turmoil in the financial markets, during which it has proved "impossible to achieve acceptable pricing and financing conditions".

* On Aug. 12, Tandberg announced it was in discussions with a private equity player about a potential offer for the shares of the company. (Reporting by Wojciech Moskwa)

[via Reuters]  







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