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Retelit agrees to acquire Brennercom for EUR 52 mln

Monday 20 January 2020 | 11:57 CET | News
Italian telecommunications infrastructure provider Retelit has agreed to acquire 100 percent of the shares of Bolzano-based ICT and telecommunications operator for around EUR 52 million from the Athesia Group. The figure is based on an enterprise value for Brennercom and its subsidiaries (excluding MET) of EUR 65 million, with the corresponding deal to be signed on 17 February and the transaction expected to close no sooner than 30 June and no later than 31 July.

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Categories: Fixed
Companies: Brennercom / Retelit
Countries: Italy
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