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General

Zegona to return GBP 335 mln to shareholders following Masmovil deal

Tuesday 25 May 2021 | 10:04 CET | News
Zegona Communications, the leading shareholder of Spanish operator Euskaltel, has announced its intention to return GBP 335 million in cash to its shareholders via a capital return on approval of Masmovil's acquisition of Euskaltel. In a statement, the UK-based telecom investment vehicle said the capital return is equivalent to GBP 1.53 per Zegona share.

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Categories: General
Companies: Euskaltel / Masmovil / Zegona
Countries: Spain
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