Carlos Manso ChicoteSEGUIRMadrid Updated: Save Send news by mail electrónicoTu name *
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The way is cleared for investment funds, Cinven, KKR and Providence in its intention of seizing 100% of MásMóvil (Másmóvil, Yoigo, Pepephone, Llamaya and Hits Mobile) through the society Lorca Telecom BidCo, S. A. U. (Lorca). All this, at a price of 22.50 per share and for a total of 2.963,57 million euros. In a statement, the National Commission for Market Values (CNMV), has given the green light to the operation as “sufficiently justified” according to the provisions of articles 9 and 10 of Royal Decree 1066/2007 , of July 27 and have received the relevant external advice. However, it has imposed two conditions to the operation: that is accepted by more than 50% of the capital of teleco (and 65.8 million shares) and the Bank of Spain has no objection to the acquisition of a significant stake indirectly in Xfera Consumer Finance (controlled 49% by a subsidiary of MásMóvil).
The securities and exchange commission tab moves after the acceptance of the Council of Ministers , a authorization required for this type of foreign investment according to a recent provision passed during the state of alarm. In this regard, the regulator stock market has highlighted that the offer is for 100% of the capital of the operator and that the price is set, and finally in 22,50 € for action.
it Also has reminded that the offer is voluntary and takes place after you reach agreements with several institutional shareholders, of the company, representatives of the 29,56%. Among them, Onchena (13.3%) would maintain a minor presence in the new MásMóvil. By way of A guarantee have been presented guarantees by the concept of 2.963,57 million euros granted by BNP Paribas.
This Tuesday, in the presentation of the results of the first half, the carrier reported that it had captured 634.000 new customers of fixed-broadband and postpaid mobile, reaching a total of 10.7 million customers. Now, the teleco has already reached 25.2 million homes with fiber optics, of which 13.8 million corresponds to the fiber network itself or with rights of use.
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