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General

Zegona ups Euskaltel stake to become top shareholder

Tuesday 9 April 2019 | 16:29 CET | News
UK-based telecom investment vehicle Zegona Communications announced that it has increased its stake in Euskaltel to 21.0 percent to become the Spanish regional operator's leading shareholder ahead of Kutxabank with 19.8 percent. The company notified securities market regulator CNMV that it passed the 20 percent threshold for disclosure of its increased ownership position in Euskaltel on 03 April after its shareholders approved a EUR 118 million capital hike to fund the acquisition of new shares in February.

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