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General

Masmovil repurchases 4.8 mln ordinary shares from ACS via capital hike

Thursday 8 November 2018 | 08:26 CET | News
The Masmovil group has announced an agreement with Spanish construction company ACS to repurchase 4.8 million ordinary shares contained in a convertible bond via the issue of 4,086,375 shares representing around 20 percent of its capital and valued at around EUR 450 million. The "accelerated bookbuilding" transaction will also contribute EUR 100 million to the group, bringing the total investment to around EUR 550 million.

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Categories: General
Companies: Masmovil / Yoigo
Countries: Spain
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