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General

Masmovil board welcomes KKR, Cinven, Providence bid; one member objects to price

Friday 7 August 2020 | 17:10 CET | News
Spanish operator Masmovil said its board issued a favourable view of the EUR 3 billion takoever bid for the company made by buyout funds KKR, Cinven and Providence. The non-binding approval of the EUR 22.50 per share offer, was opposed on grounds of price by one board member, who indirectly represents 8.25 percent of total share capital.

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Categories: General
Companies: Masmovil
Countries: Spain
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