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Mexico’s Grupo Hevi Said to Hire Barclays to Explore Sale

Grupo Hevi, the closely held owner of Mexico’s Telecable TV service, has hired Barclays Plc to explore a sale, according to people familiar with the matter.

Among the potential buyers are Megacable Holdings SAB, the nation’s largest cable-TV company, said two of the people, who asked not to be named because the plans are private. Hevi could fetch more than $500 million in a sale, one of the people said.