No bids have been received for the sale. HRADF has invited Deutsche Telekom to exercise its right of first refusal to buy the shares. Under a shareholders’ agreement, Deutsche Telekom has 30 business days to decide if it will buy the stake at a price equal to the average share price of the last 20 trading sessions

Date March 16, 2018

Type M&A Transactions

Subtype Transaction agreement announced

Subsectors Telecom

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

No bids have been received for the sale. HRADF has invited Deutsche Telekom to exercise its right of first refusal to buy the shares. Under a shareholders’ agreement, Deutsche Telekom has 30 business days to decide if it will buy the stake at a price equal to the average share price of the last 20 trading sessions

Similar updates

▶Deutsche Telekom has agreed to acquire the stake for EUR284 million (US$349 million)
▶Cube Infrastructure and Everbright Overseas Infrastructure Investment Fund have reached an agreement regarding the acquisition of the Boreal Group. Closing of the transaction is expected in the second quarter of 2018, subject to customary closing conditions
▶Digital Colony, a Florida-based joint venture between Digital Bridge Holdings and Colony NorthStar, has announced that an affiliate has entered into a binding agreement to acquire 100% of the capital in Digita Oy from First State Investments. The transaction, which is subject to customary regulatory approvals, is expected to close in quarter two 2018

Related transactions

▶Sale of 5% stake in Hellenic Telecommunications Organization (OTE)

Share this update

Similar updates

Related transactions

The latest news and business opportunities

Subscribe to our newsletter