Partners Group acquires 75% stake in EOLO

Saturday, 17. July 2021 23:59

Swiss investment firm Partners Group reached an agreement on Saturday to acquire a 75% stake in Italy's broadband and wireless communications company EOLO.

Although the value of the deal hasn't been officially confirmed yet, some estimates are putting it at €1.2 billion. Announcing the news, EOLO noted the latest deal comes as a part of the company's plan "which envisages investments of 850 million euros by 2025."

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Breaking the News / ND