Home › Tele2 agrees to sell German operations to management for up to EUR 23 mln
 

Keywords :   


Tele2 agrees to sell German operations to management for up to EUR 23 mln

2020-12-04 09:27:00| Telecompaper Headlines

(Telecompaper) Tele2 AB said it has agreed to sell its German business to the Tele2 Germany management for an enterprise value of up to EUR 22.8 million, as it continues its long-term strategy of consolidating its geographical footprint. The final sum depends on its financial performance by the end of 2024. After a thorough M&A process with a large number of potential buyers, Tele2 concluded that selling Tele2 Germany to the local management is the most value-accretive alternative.

Tags: to management sell eur

Category:Telecommunications

Latest from this category

All news
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
Telecommunications »
11.12Domestic insight shows importance of attracting young consumers to pork
11.12Two ropes, more time key to oral fluid sampling group-housed sows
11.12Indiana Pork, South Bend Cubs partner to provide protein
11.12'Architects of AI' named Time Magazine's Person of the Year
11.12Food insecurity rate jumps to 16% in November
11.12Workers' rights bill standoff continues after Lords defeat
11.12Jamie Oliver on the return of his restaurant chain
11.12Drax unveils plan for data centre at power station
More »