Mid Europa Partners has extended its tender offer to buy outstanding shares and ADRs of Hungarian alternative operator Invitel.
The offer, which initially ended on January 7, has been extended to January 22. The terms and conditions of the offer,…
Mid Europa Partners has extended its tender offer to buy outstanding shares and ADRs of Hungarian alternative operator Invitel.
The offer, which initially ended on January 7, has been extended to January 22. The terms and conditions of the offer, including the offer price of US$4.5 per Invitel share or Invitel ADS, remain unchanged.
Last November, Mid Europa agreed to buy TDC’s 64.6% stake in Invitel. Credit Suisse and Lazard are financial advisers to Mid Europa, while Shearman & Sterling is legal adviser. BNP Paribas and Calyon are senior & subordinated debt global coordinators.
