Romania's DIGI hires Rothschild to evaluate possible IPO of Spanish business, Expansion reports (updated)

Digi Communications

12/09/2025 14:41

Adds comments from DIGI in third paragraph, no comment from Rothschild in fifth paragraph

MADRID, Sept 12 (Reuters) - Romanian telecoms company DIGI DIGI.BX has hired investment bank Rothschild to evaluate a possible share listing for its Spanish business on the Madrid exchange, newspaper Expansion reported on Friday, citing unidentified market sources.

DIGI's Spanish business could be worth about 2.5 billion euros ($2.93 billion), the newspaper said.

DIGI declined to comment, although a spokesperson said the company is "not for sale" and intends to remain in Spain in the long run.

DIGI's expansion in Spain has accelerated after it took over assets sold by larger operators Orange ORAN.PA and MasMovil when they merged last year. It now has 9.6 million customers in Spain, its website says.

Rothschild declined to comment.

($1 = 0.8537 euros)

 (Reporting by Inti Landauro
Editing by David Goodman and Louise Heavens)

 ((Inti.Landauro@thomsonreuters.com;))