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General

Providence becomes largest MasMovil shareholder

Wednesday 10 August 2016 | 13:02 CET | News
Spanish operator MasMovil said Luxembourg-based private equity firm Providence Equity is now its largest single shareholder, following the capital hike that funded its recent acquisitions. Providence holds an 18 percent stake in the group, according to a regulatory filing by MasMovil, which this year raised a total of EUR 806 million to complete its takeovers of Yoigo and Pepephone.

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Categories: General
Companies: Masmovil / Neo / Pepephone / Sky / Yoigo
Countries: Spain
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