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General

MasMovil sells 4% share capital to institutional investors

Friday 6 November 2015 | 11:07 CET | News
Spanish operator MasMovil Ibercom has announced that two as yet unnamed institutional investors have acquired 4 percent of the company's share capital after buying a package of 471,000 shares. In a statement to Madrid's MAB alternative stock exchange, the company said the new shareholders are "top-tier" investors – one Spanish company and one international investment fund – with a long-term vision. MasMovil added that the entry of institutional investors was a sign of confidence in the operator's new three-year business plan, which targets 1 million mobile lines and close to 400,000 fixed

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Categories: General
Companies: Masmovil
Countries: Spain
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