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General

Masmovil shareholder repeats conflict of interest claims over EUR 3 bln bid

Monday 20 July 2020 | 13:59 CET | News
UK-based investment fund Polygon has again written to the board of Spanish operator Masmovil to request clarification about alleged conflicts of interest regarding the takeover bid launched by three buyout funds last month. In its latest letter addressed to Masmovil chairman Eduardo Diez Hochleitner Rodriguez and copied to securities market regulator CNMV, Polygon said the operator's response "does not eliminate our deep concern about the terms of the Bid that have been agreed among the Board of Directors of Masmovil, some significant shareholders, and the Bidder."

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Categories: General
Companies: Masmovil
Countries: Spain
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