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Broadband

Euskaltel considering partial listing - report

Monday 23 February 2015 | 08:57 CET | News
Spanish cable company Euskaltel is considering a partial listing on the stock exchange and has hired Rothschild to advise on the possibility, according to unnamed sources cited by business daily Expansion. Euskaltel is seeking to interest international investors and take advantage of the upturn in the Spanish economy by listing at least 25 percent of the share capital of the company, which is 49.9 percent owned by regional bank Kutxabank, with private equity funds Trilantic and Investindustrial owning 48.1 percent and Spanish utility Iberdrola the remaining 2 percent. According to preliminary

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Categories: Fixed
Companies: Euskaltel / Jazztel / Ono / Orange / R / Telecable / Telefonica / Vodafone
Countries: Spain
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