Telefónica is analyzing the acquisition of Digi Communications for 3.8 billion euros, in order to expand its presence in Europe.
Sanziana Georgescu
Economy
sursa foto: facebook.com/digipunctro
Always see our news on Google
The Spanish company Telefónica, a major player in the telecommunications sector, is considering the acquisition of Digi Communications for approximately 3.8 billion euros, an amount that includes a debt of 1.8 billion euros and a premium of 20% over the current market value of the Romanian company. Digi operates in Romania, Spain, Italy, Portugal, and Belgium, and Telefónica's interest does not guarantee a sale, also depending on the decision of owner Zoltán Teszári. Currently, Digi plans to list on the stock exchange in Spain, engaging investment banks to coordinate the process. An assessment by Erste Bank estimates the economic value of Digi at 3.6 billion euros, and Telefónica's offer would represent a premium of 7%. If the transaction materializes, Telefónica will expand its direct presence in Europe from three to seven countries.
Sources
Latest News
07:35
Government meeting: The Executive approves on Thursday the budget for the privatization activities of the Ministry of Economy.
07:34
Ciprian Ciucu has doubts about the Integrity Law: "I do not find myself in the decision of my party. Obviously, I do not disavow the party. I saw that this was the direction and I failed it."
07:26
Bill Gates warns about the impact of AI: "We need time to prepare for the period of social, political, and economic transformations that we are about to enter."
07:26
Brazil is being judged by Discord for irregularities related to child protection
07:20
Apple is preparing its first major event under the leadership of the new CEO John Ternus. The foldable iPhone could be launched on September 9.
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
