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New Deal


Announced

CK Hutchinson-backed Wind Tre to acquire OpNet from Jefferies for €485m.

Financials

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Transaction Value£414m
Consideration TypeCash, Loan Notes
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

telecommunications company

internet connectivity

Acquisition

Majority

Pending

Friendly

Single Bidder

Internet

Italy

Cross Border

Synopsis

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CK Hutchinson-backed Wind Tre, an Italian telecommunications company, agreed to acquire OpNet, an Italian telecommunications company, from Jefferies, an American multinational independent investment bank and financial services company, for €485m. "The acquisition is part of OpNet’s strategy to enhance its assets and the dynamic business model that distinguishes it," OpNet.

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