CVC closes €157m R Cable deal
CVC Capital Partners has exercised its right to purchase an extra 35% of fibre optics company R Cable in a deal which is reported to be worth more than €157m.
The private equity firm acquired an initial 35% of the Galician business in April this year.
The shares were previously held by Spanish savings bank Caixanova, which has retained a 30% stake.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Susannah Birkwood on +44 20 7004 7524 or susannah.birkwood@incisivemedia.com
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