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General

Samson Rock Capital hikes Masmovil stake to 1.7%

Thursday 27 August 2020 | 09:06 CET | News
UK-based investment fund Samson Rock Capital has increased its stake in Spanish telecommunications provider Masmovil to 1.7 percent, reports Expansion. A filing at securities markets regulator CNMV confirmed that Samson Rock now owns around 2.2 million shares in the company valued at EUR 50.4 million. The filing comes after a consortium called Lorca Telecom BidCo made up of investment firms KKR, Cinven and existing shareholder Providence launched a bid to take over Masmovil, resulting in numerous movements from shareholders.

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Categories: General
Companies: Masmovil
Countries: Spain
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