Telia inks €479M Yoigo sale to Masmovil
Telia agreed to sell its 76.6 per cent stake in Spanish operator Yoigo to Masmovil for €479 million “as part of its strategy to increase focus on operations in the Nordics and Baltics”, dashing the hopes of UK investment fund Zegona.
Masmovil, Zegona battle for Yoigo reaches climax – report
The bid to acquire a 75 per cent stake in Spanish operator Yoigo held by …
Masmovil in pole position for Yoigo as Zegona backs out
UK-based tech investor Zegona Communications missed the deadline to make a bid for a 75 per cent stake in TeliaSonera’s Spanish unit Yoigo due to “funding problems”, El Confidencial reported, allowing Masmovil to swoop in and make an offer of €550 million.
UK investment fund Zegona confirmed it “has entered into an exclusivity agreement with TeliaSonera” regarding its Spanish unit Yoigo, following “press speculation” last week that Zegona had bid more than €500 million for a 77 percent stake.
Zegona bids €500M-plus for Yoigo – report
UK-based investment fund Zegona made a bid of more than €500 million for a 77 percent stake in Spanish mobile operator Yoigo, owned by TeliaSonera, Expansion reported.
