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General

Masmovil interested in buying MVNO Ahi+ for EUR 130 mln - report

Monday 6 April 2020 | 08:58 CET | News
Masmovil's decision to exercise its purchase option should see the acquisition finalised by July, according to unnamed sources cited in the report, although discrepancies regarding the valuation of Ahi+ could delay closing. The Masmovil group has offered around EUR 130 million of 100 percent of the MVNO's shares but Ahi+ founder and majority shareholder Jose Carlos Oya values the operator at closer to EUR 200 million, meaning the process could end up in court, said the report.

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Categories: General
Companies: Ahi+ / Masmovil
Countries: Spain
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