BUCHAREST, Romania, 5-Apr-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) informs the market that on 4 April 2024, Digi Spain concluded an asset sale and purchase agreement with Sota Investments Spain OpCo, S.L.U., a company controlled by a consortium comprising Macquarie Capital, abrdn and Arjun Infrastructure Partners, leading international infrastructure investors, for the sale by DIGI Spain of a FTTH network in 12 provinces across the regions of Madrid, Segovia, Avila, Castilla-La Mancha, Comunidad Valenciana and Murcia, Spain (the “Network”), for a consideration of up to EUR 750,000,000. The Network currently comprises approximately 4,250,000 homes passed, with the aim of comprising a total of 6,000,000 homes passed. The deployment of the rest of the Network will be carried out gradually, over an estimated period of three (3) years.

The transaction is subject to closing conditions, such as foreign direct investment clearance and economic concentration merger control.

About Digi Communications N.V.

We are an European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire