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General

Jazztel confirms negotiations to buy TeliaSonera's Yoigo

Thursday 11 September 2014 | 10:56 CET | News
Spanish operator Jazztel has confirmed recent press reports that it has begun discussions over the possible acquisition of a stake in TeliaSonera's Spanish mobile unit Yoigo. In a statement to Spain's market regulator CNMV, Jazztel said the talks were still "in an initial phase" and would not necessarily be followed by an offer. The statement adds that Jazztel would also seek to acquire the remaining shareholders' stake if required. The confirmation follows a report in Bloomberg that Jazztel was talking with advisers about a potential transaction to be financed with its own shares. However,

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Categories: General
Companies: Jazztel / Orange Spain / Telia / Yoigo
Countries: Spain
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