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General

Capital Research acquires 3% stake in Spain's Masmovil

Thursday 7 May 2020 | 10:29 CET | News
US investment fund Capital Research has acquired a 3.053 percent stake in Spanish telecommunications group Masmovil, the country's fourth largest network operator, reports business daily Expansion. The stake is valued at around EUR 66 million based on Masmovil's stock market value of EUR 2.19 billion, said the report, adding that the Spanish company is also attracting interest from other investors including UK venture capital group Cinven and US fund KKR.

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Categories: General
Companies: Masmovil
Countries: Spain
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