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Tele Columbus to acquire Pepcom for EUR 608 mln

Monday 14 September 2015 | 09:56 CET | News
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Tele Columbus has agreed to acquire Pepcom, the fourth largest German cable network operator, from Star Capital. The purchase price amounts to EUR 608 million on a cash- and debt-free basis. The closing of the acquisition is subject to shareholder approval of a proposed capital increase of EUR 240 million. An extraordinary shareholders meeting is scheduled for 14 September. Following the takeover of Primacom in July and the Pepcom, Tele Columbus will serve in total 3.7 million customers. 

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Categories: Fixed
Companies: HL komm / Kabel Deutschland / Pepcom / PrimaCom / Tele Columbus / Vodafone
Countries: Germany
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