Dutch investment group Parcom Capital has been looking to sell See's assets for an estimated £100m-?120m, which created a scramble among other entertainment groups to put together bids for the ticketing business.

With contracts such as the Glastonbury Festival, See Tickets is the second largest primary ticketing concern in the UK, behind market leader Ticketmaster.

Parcom investment director Piet-Hein de Jager declined to comment on the sales negotiations.

But Music Week understood that the process identified three potential suitors for ...