Home / Business and Economy / Apax Nears Deal for Odido Stake
Apax Nears Deal for Odido Stake
26 Sep
Summary
- Apax Group is close to acquiring Warburg Pincus's Odido investment.
- The deal involves a joint investment in Dutch telecoms group Odido.
- This transaction is nearing completion according to reports.
Private equity firm Apax is reportedly close to finalizing a deal to purchase Warburg Pincus's share in their joint investment. The target of this acquisition is the Dutch telecoms group, Odido. This developing situation suggests a consolidation of ownership within the company.
The transaction, as reported, is nearing completion. This move could lead to Apax taking full control of its investment in Odido, marking a significant development in the Dutch telecommunications sector.
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