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New Deal


Announced

Asterion Industrial Partners agreed to acquire Axión from AMP Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Friendly

television

radio

broadcasting services

Radio and TV Broadcasters

Spain

Private

Pending

Private Equity

Single Bidder

Acquisition

Synopsis

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Asterion Industrial Partners, an independent investment management firm, agreed to acquire Axión, a Spanish towers business, from AMP Capital, a global investment manager. Financial terms were not disclosed. “We look forward to working with its first-class management team, applying our industrial approach, to create an integrated telecommunications infrastructure platform, with a unique portfolio of towers enriched with wide-ranging backhaul capabilities and a superior fibre network. Furthermore, through Lineox, our portfolio company acquired from Telefónica earlier this year, and deep sector experience, we are distinctively positioned to create a compelling end-to-end connectivity offer to our customers extremely well suited to capture the next growth wave of 5G and the Internet of Things,” Guido Mitrani, Asterion Industrial Partners Founding Partner.

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