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DOM - Global Dominion Access SA News Story

€3.24 -0.0  -1.2%

Last Trade - 14/08/20

Sector
Industrials
Size
Mid Cap
Market Cap £496.3m
Enterprise Value £430.6m
Revenue £983.6m
Position in Universe 195th / 719

BRIEF-Euskaltel, Masmovil And Global Dominion To Set Up Joint Company

Fri 8th March, 2019 7:57am
March 8 (Reuters) - Euskaltel SA  EKTL.MC :
    * SAYS TOGETHER WITH MASMOVIL AND GLOBAL DOMINION ACCESS
SIGN DEAL
TO SET UP A NEW COMPANY CALLED MEDBUYING
    * NEW COMPANY WILL FOCUS ON CENTRALIZED PURCHASES OF MOBILE
TERMINALS, ROUTERS AND OTHER ACCESSORIES
    * MEDBUYING WILL BE OWNED 45% BY MASMOVIL, 45% BY DOMINION
AND 10%
BY EUSKALTEL AND BORN WITH A SOCIAL CAPITAL OF 10 MILLION EUROS
    * EACH PARTNER OF THIS NEW CO WILL MAINTAIN TOTAL
INDEPENDENCE AND
DECISION-MAKING POWER OVER ITS POLICY
    * SAYS GOVERNING BODY OF THE CO TO BE COMPOSED OF FIVE
MEMBERS,
TWO BY MASMOVIL, TWO BY DOMINION AND ONE BY EUSKALTEL

Source text for Eikon:  urn:newsml:reuters.com:*:nCNM2zDssF
Further company coverage:  EKTL.MC   DOMI.MC   MASM.MC 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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