Tag Archives: Portuguese Competition Authority

Assets, Business, Financial, Financial Information, Financial Statements, Investment

DIGI Portugal completes the Cabonitel S.A. acquisition

BUCHAREST, Romania, 25-Oct-2024 — /EuropaWire/ — Digi Communications N.V. (DIGI), a prominent European telecommunications provider listed on the Bucharest Stock Exchange, has announced the successful completion of its acquisition of Cabonitel S.A. through its subsidiary, DIGI Portugal LDA. This transaction with LORCA JVCO Limited, resulting in DIGI’s full ownership of Cabonitel, follows the recent regulatory approval granted by competition authorities, with more details accessible in the official announcement published on Bursa de Valori Bucuresti (BVB).

About Digi Communications N.V.

Digi Communications N.V. is a leader in geographically targeted telecommunication services, with significant operations in Romania and Spain and an expanding presence in Italy, Portugal, and Belgium. The company’s focus on delivering a range of advanced telecommunications solutions has positioned it among Europe’s top providers based on revenue-generating units (RGUs).

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Investment

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