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Inveready and Mayoral take control of Parlem

La junta de accionistas respalda la reestructuración financiera de la operadora catalana con el canje de deuda y la ampliación de capital

Translated from Spanish Read in Spanish

Inveready and Mayoral take control of Parlem

The general shareholders' meeting of Parlem Telecom approved this Friday the capitalization of 17.5 million euros in accumulated debt with the Inveready fund and the launch of a capital increase of 7.95 million euros. The corporate operation, backed by 99.97% of the votes represented, grants control of the shareholder base to the alliance formed by Inveready and Global Portfolio Investments, the patrimonial company of the Mayoral family.

Translated by urgent.news from El Pais Economia's report; automated translation may contain errors. Machine-written — it may contain errors, so check the original before relying on it.

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