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New Deal


Announced

Lyse to acquire Ice Group for $630m.

Financials

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Transaction Value£483m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Domestic

Mobile

Norway

Majority

telecommunications operator

Pending

Acquisition

Single Bidder

Public

Synopsis

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Lyse, a power utility company, agreed to acquire Ice Group, a telecommunications operator, for $630m. The Transaction includes the acquisition by Lyse of all issued and outstanding shares of IGSH. Completion of the transaction is subject to entering into final transaction documents, limited customary confirmatory due diligence, regulatory approvals and approval by relevant Ice stakeholders, including the shareholders of the company in an extraordinary general meeting.

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