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General

Masmovil to hold board meeting on stock market delisting on 26 October

Wednesday 23 September 2020 | 10:18 CET | News
Spanish operator Masmovil, the country's fourth largest network operator, has announced that it will hold a board a meeting to approve its stock market delisting and management changes, among other matters, on 26 October. In a statement to Spain's securities markets regulator CNMV, the operator confirmed that 86.41 percent of shareholders had accepted a takeover offer by the Lorca Telecom BidCo consortium of buyout funds KKR, Cinven and Providence valuing the company at around EUR 3 billion.

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Categories: General
Companies: Masmovil
Countries: Spain
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