Zegona confirms exclusive talks to buy Yoigo

News Wireless Spain 21 MRT 2016
Zegona confirms exclusive talks to buy Yoigo
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.

Categories:

Mobile

Companies:

Telia,  Telecable,  Yoigo,  Virgin Media

Countries:

Spain

Tags:

M&A buyouts & divestments

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