The Portuguese Competition Authority clears the acquisition of Cabonitel by DIGI Portugal

BUCHAREST, Romania, 24-Oct-2024 — /EuropaWire/ — Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform the market that the Portuguese Competition Authority has granted clearance on 23 October 2024 for the share purchase agreement concluded by DIGI Portugal, LDA. (“DIGI Portugal”) and LORCA JVCO Limited for the acquisition of 100% of the shares issued by Cabonitel, S.A (the “Transaction”), completing the pending condition precedent for the closing of the Transaction. The Company announced the Transaction on 2 August 2024 (the report from 2 August 2024 can be accessed here).

About Digi Communications N.V.

We are a 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