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New Deal


Announced

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

Financials

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Transaction Value£1,778m
Consideration TypeCash
Capital Owned-
Capital Bid For60%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Internet

Acquisition

Cross Border

Private Equity

Friendly

Majority

Private

mobile network

Italy

Single Bidder

Failed

Synopsis

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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.

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