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Broadband

Soros looks to offload stake in UK fibre broadband player Hyperoptic - report

Tuesday 10 September 2019 | 10:37 CET | News

Investor George Soros is in talks about selling his stake in UK fibre-optic broadband provider Hyperoptic in a deal expected to value the company at over GBP 500 million, reports The Telegraph.

Soros's Quantum Strategic Partners Investment has held a stake in Hyperoptic since 2018. According to unnamed City sources, it has appointed bankers at LionTree to handle a partial or full stale of the business. 



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Categories: Fixed / Internet
Companies: Hyperoptic
Countries: United Kingdom
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