Ardian to acquire Adamo from EQT Partners for €1bn.

Ardian, a private equity investment company, agreed to acquire Adamo, a Spanish telecom provider, from EQT Partners, a global investment organization, for €1bn. "We are proud to incorporate a partner like Ardian that brings a great experience in the sector, a deep knowledge of the market and a great sensitivity towards our contribution to society. Their support comes at a key moment to be able to continue driving Adamo's growth both organically and inorganically," Martin Czermin, Adamo CEO.