Announced
Financials
Tags
Friendly
Single Bidder
internet services
Private
pay-tv
Majority
Lithuania
Pending
Acquisition
Internet
Cross Border
Private Equity
Synopsis
Providence-backed Bite Group, a telecommunications and media group in the Baltic States, agreed to acquire Mezon from Telecentras, a state-owned joint-stock company providing radio and television program transmission, data transmission, internet, smart television, data center and telephony services throughout Lithuania, for c. €20m. Mezon provides internet and pay-TV services. "We have promised Bitė’s customers that we will translate complex technologies into simple and easy-to-use services to make every day easier. Those who choose Bitė know that we offer a huge variety of services and smart solutions, we ensure their high quality and exceptional service. We are happy today to be able to give the same promise to Mezon’s customers," Pranas Kuisys, Bitė Lietuva CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.