KKR, Cinven and Providence have made a $3.3 billion bid for MasMovil, a Spanish telecoms operator, reported Reuters. The news wire noted that Providence is currently MasMovil’s second-largest shareholder with a 9.16 percent stake. If the deal goes through, all three private equity firms will end up having an equal stake in MasMovil.
Source: Reuters
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: subscriptions@peimedia.com.