
AUSTRIA - Mid Europa in EUR 1.4bn One mobile deal
Mid Europa Partners has teamed up with France Telecom/Orange to acquire One GmbH, the third largest mobile operator in Austria, in a EUR 1.4bn deal. This transaction is expected to close within the next three months. It is the second largest buyout in Austria this year, the largest was Cerberus's EUR 3.2bn acquisition of BAWAG PSK Bank. Mid Europa will own a controlling stake in the company (65%), with France Telecom owning the balance.
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