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General

Ezentis acquires Ericsson Spain unit for EUR 29.5 mln

Tuesday 3 April 2018 | 11:34 CET | News
Spanish network services provider Ezentis announced an agreement to acquire Excellence Field Factory (EFF) from Ericsson Spain for EUR 7 million in cash plus EUR 22.5 million in shares. The transaction means Ericsson becomes the leading shareholder of Seville-based Ezentis with a stake of around 11 percent plus a director on the company's board and executive committee, said the company in a regulatory filing.

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Categories: General
Companies: Telefonica Argentina
Countries: Spain
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