M&ATMTSIGNED
Inveready Acquires 48% Stake in Catalan Operator Parlem
Acquirer
Inveready
Target
Parlem
Investment firm Inveready has reduced its stake in Catalan telecommunications operator Parlem to 48%, down from a previous 58%. This adjustment follows a capital increase by Parlem, where Inveready capitalized debt to initially reach a higher ownership percentage.
✦ Meridian Analysis
This is a significant M&A transaction within the Spanish TMT sector, detailing a shift in ownership for a regional telecom operator. The move by Inveready reflects a strategic recalibration of its investment in Parlem.
The Meridian Weekly
The week's largest deals and the Iberian ones, every Monday. Free.