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Masmovil wins Yoigo bidding war

Connectivity BusinessbyConnectivity Business
June 21, 2016
in Investments, Space Services
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Spanish MVNO Masmovil has reached a deal buy local operator Yoigo from Sweden’s Telia after outbidding UK TMT investment fund Zegona. Masmovil will acquire Telia’s 76.6% stake for €479m (US$540m), based on an enterprise value for Yoigo of €625m (US$741m). The MVNO said separately that it will buy the rest of Yoigo from minority shareholders ACS, FCC and Abengoa. Spanish MVNO Masmovil (BME:MAS) has reached […]

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Tags: AnviaDNAElisaEuropeMarginalenMasmovilPremiumSergel GroupSoneraTeliaTF247YoigoZegona
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