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Euskaltel SA (EKTL.MC)

EKTL.MC on Madrid SE C.A.T.S.

7.36EUR
22 Oct 2018
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Fri, Oct 19 2018

UPDATE 1-Turnaround specialist Zegona to raise stake in Spain's Euskaltel

LONDON, Oct 19 Britain's Zegona Communications , set up to invest in European tech and telecoms companies, said on Friday it was increasing its stake in Spain's Euskaltel to 29.9 percent to give it more influence on the board.

Zegona looks to raise stake in Spain's Euskaltel via tender

LONDON, Oct 19 Zegona Communications said on Friday it would increase its stake in Spain's Euskaltel by offering to buy 14.9 percent of its shares for 7.75 euros each, with the objective of increasing its presence on the group's board to drive expansion.

BRIEF-Euskaltel SA Q1 Adjusted EBITDA Up At 84.2 Million Euros

* Q1 ADJUSTED EBITDA 84.2 MILLION EUROS VERSUS 68.0 MILLION EUROS YEAR AGO

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