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Zegona confirms exclusive talks to buy Yoigo

Monday 21 March 2016 | 08:26 CET | News
UK-based investment fund Zegona has confirmed it's in exclusive talks to acquire the mobile operator Yoigo from TeliaSonera. TeliaSonera also confirmed the talks but did not provide further details on the potential divestment. Earlier reports suggested Zegona was offering around EUR 500  million for Spain's smallest mobile operator. Zegona is an investment vehicle set up by former Virgin Media finance director Eamonn O'Hare. Last year it acquired regional broadband operator Telecable.

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Categories: Mobile & Wireless
Companies: Telecable / Telia / Virgin Media / Yoigo
Countries: Spain
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