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General

Polygon lodges appeal against Masmovil takeover bid

Friday 2 October 2020 | 14:48 CET | News
UK investment fund Polygon has lodged a contentious-administrative appeal before Spain's Audiencia Nacional court against the decision by securities market regulator CNMV to authorise the EUR 3 billion bid to take over Spanish operator Masmovil launched by three buyout funds. In a short statement, Polygon simply confirmed the appeal against the CNMV's 29 July decision to green light the Lorca Telecom BidCo consortium of KKR, Cinven and Providence.

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Categories: General
Companies: Masmovil
Countries: Spain
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