EQT failed to acquire a 60% stake in the mobile and fixed network infrastructure operation from CK Hutchison-backed Wind Tre for €2bn.

EQT, a global investment organization, failed to acquire a 60% stake in the mobile and fixed network infrastructure operation from CK Hutchison-backed Wind Tre, a telecommunications company, for €2bn. “Conditions precedent to closing of the transaction were not satisfied,” CK Hutchison.