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EQT agrees to sell Adamo to Ardian

2021-10-11 09:34:00| Telecompaper Headlines

(Telecompaper) Private equity group EQT has announced that the EQT Mid Market Europe fund has agreed to sell Adamo Telecom of Spain to Ardian Infrastructure, a French private investment firm...

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EQT sells Spains Adamo to Ardian Infrastructure

2021-10-11 02:00:00| Total Telecom industry news

Today, Swedish private equity firm EQT has announced that it will sell Spanish teleco Adamo to Ardian Infrastructure. Financial details of the deal were not disclosed, but media reports suggest that the value should be in excess of €1 billion. EQT acquired a majority stake in the Adamo back in 2017 and since then the operator has grown enormously…read more on TotalTele.com »

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