United Group acquires more Forthnet shares

20 Nov 2020

United Group has announced the acquisition of further shares in Greek telco and pay-TV provider Forthnet, raising its stake to 79.52%. Following on from a move earlier this week to buy a 9.63% share from GO of Malta for EUR3.23 million (USD3.8 million), United Group has now concluded deals to acquire the 14.1% stake held by Wind Hellas, plus a combined interest of 22.6% which was held by a group of four Greek banks.

Greece, Forthnet (Nova), United Group, Wind Hellas (incl. Tellas)