EQT sells Spain’s Adamo to Ardian Infrastructure

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Today, Swedish private equity firm EQT has announced that it will sell Spanish teleco Adamo to Ardian Infrastructure. Financial details of the deal were not disclosed, but media reports suggest that the value should be in excess of €1 billion. EQT acquired a majority stake in the Adamo back in 2017 and since then the operator has grown enormously…

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