Telefonica: EU clears creation of JV with KKR
(CercleFinance.com) - The European Commission has authorised the creation of InfraCo SAS, a new joint venture that is based in Colombia, between KKR and Telefónica.
InfraCo will operate Telefónica's fiber network in Colombia.
The Commission concluded that the proposed acquisition would not give rise to any competition concerns as InfraCo has no actual or planned activities in the European Economic Area.
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InfraCo will operate Telefónica's fiber network in Colombia.
The Commission concluded that the proposed acquisition would not give rise to any competition concerns as InfraCo has no actual or planned activities in the European Economic Area.
Copyright (c) 2021 CercleFinance.com. All rights reserved.