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New Deal


Announced

John Laing Group to acquire EFN eifel-net Internet-Provider and Jobst NET for €30m.

Financials

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Transaction Value£27m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

VSDL internet

Private

Germany

Pending

Internet

Cross Border

Acquisition

Friendly

Private Equity

Single Bidder

Synopsis

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John Laing Group, the responsible investor and active manager of infrastructure projects internationally, agreed to acquire EFN eifel-net Internet-Provider and Jobst NET, two German fibre communications providers, for €30m. "We look forward to working together with the management team to accelerate the rolling out of high-speed internet access across underserved communities across Germany, and contributing to the German government's plan to deliver nationwide gigabit internet access by 2025," Ben Loomes, John Laing CEO.

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