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Macquarie Capital prepares its exit from Onivia's capital

Aberdeen y Arjun negocian refinanciar Onivia para lograr recursos con los que comprar el paquete de Macquarie. Leer

Translated from Spanish Read in Spanish

Macquarie Capital prepares its exit from Onivia's capital

Aberdeen Investments and Arjun Infrastructure Partners are in talks to refinance Onivia, a Spanish telecommunications company, in order to acquire the stake held by Macquarie Capital. Macquarie Capital is preparing to exit Onivia, which operates a wholesale fibre-optic network, and currently holds a 20% stake. Onivia has 10.2 million units covered by its network across over 1,400 Spanish municipalities and has been negotiating with Orange to restructure their commercial relationship.

A successful refinancing would enable Aberdeen and Arjun to purchase Macquarie's stake and provide long-term stability for Onivia.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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