3i has acquired 25% of the shares in Finnet OY, a Finish mobile operator, for EUR 140m. Following the deal Finnet OY is to be renamed DNA. 3i's stake will be reduced to 13% after the anticipated merger of five local operators and DNA. The 25% stake has been acquired from 18 local telecom operators in the Finnet Group.
Deal is based on an EV of €1.4bn and will see minority owner Kirkbi maintain a stake
Following the deal, Plurima's CEO, Luca Marconi, will be appointed as CEO and chair of Log-Os
Calculus Capital invested €2.5m in the media management software provider in 2015
In additon to the equity deployed by Palladio, a debt package was provided by Intesa Sanpaolo