Announced

Completed

Carraun completed the acquisition of a 6% stake in Proximus.

Synopsis

Carraun, the parent company of Eir, completed the acquisition of a 6% stake in Proximus, a mobile telecommunications operator. Financial terms were not disclosed. "I am very pleased that we now have the opportunity to invest in Proximus and hopefully create ties for the long-term. Proximus is an iconic operator whose history is closely associated with Belgium. Over the years, Proximus has managed to adapt to a rapidly changing telecom environment and remain the national leader. It would be an honour if we could contribute as a long-term partner to the future evolution of Proximus," Xavier Niel, Carraun Controller.

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MergerLinks - Carraun completed the acquisition of a 6% stake in Proximus.