UAE-based e& played down media reports circulating earlier this week linking it with a potential buyout of Southeastern Europe-focused telecoms and media player United Group.
In a stock market statement the company clarified it had not “entered into any negotiation or agreement” in relation to the business or its assets.
However, it added “consistent with our corporate strategy, e& continually reviews relevant market opportunities with the objective of maximising shareholder value”.
The disclosure was in response to media articles speculating the company had emerged as a suitor for the assets, which Bloomberg pinned at being worth €8 billion. The news outlet claimed United Group owner BC Partners was working with associates on a possible sale of the business, with e& a name in the frame.
United Group’s businesses comprise mobile operations in Bulgaria, Croatia, Greece and Slovenia alongside various other assets in surrounding countries.
A move for United Group would have been no shock given e&’s strategy in recent years to increase its exposure to markets in Europe. So far this has included a deal with PPF for a majority stake in its operators covering four countries and building a substantial stake in Vodafone Group, which currently stands above 14.5 per cent.
The post e& distances itself from United Group speculation appeared first on Mobile World Live.
Commercials Cooperation Advertisements:
(1) IT Teacher IT Freelance
立刻註冊及報名電腦補習課程吧!
电子计算机 -教育 -IT 電腦班” ( IT電腦補習 ) 提供一個方便的电子计算机 教育平台, 為大家配對信息技术, 電腦 老師, IT freelance 和 programming expert. 讓大家方便地就能找到合適的電腦補習, 電腦班, 家教, 私人老師.
We are a education and information platform which you can find a IT private tutorial teacher or freelance.
Also we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation…
(2) ITSec
www.ITSeceu.uk
Secure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.
ITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.
Contact us right away.
Email (Prefer using email to contact us):
SalesExecutive@ITSec.vip