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General

Zegona planning to become leading Euskaltel shareholder by February

Monday 3 December 2018 | 09:41 CET | News
UK-based telecom investment vehicle Zegona Communications expects to complete its move to become the leading shareholder of Spanish operator Euskaltel by the first week of February 2019. In a statement to markets regulator CNMV, Zegona said it expects a general meeting of its shareholders to approve the resolution required for the placing of an offer to raise its stake in Euskaltel to 29.9 percent during the last week of December 2018, subject to completion of the approval process from the relevant regulatory authorities.

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Categories: General
Companies: Euskaltel / Telecable
Countries: Spain
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