Open Sky Srl
Open Sky Srl Sale of 100% stake Satellite Solutions Worldwide Group Plc
Satellite Solutions Worldwide Group Plc (AIM: SAT) entered in an agreement for the acquisition of Open Sky, a leading satellite broadband provider in Italy with c. 14,500 customers, for a total consideration of €5.0m, comprising €4.0m of cash and €1.0m of new Ordinary Shares in the Company, on a debt free/cash basis.
Satellite Solutions Worldwide Group Plc
Marco Polo Advisor
Marco Polo provides consulting services in the areas of corporate finance and extraordinary transactions to companies and financial institutions: corporate finance consulting , stock market listings (IPOs) and capital market transactions, mergers & acquisitions, private equity, MBOs and MBIs , international development.
+39 051 265880
f.rozzanigo@marcopoloadvisor.it
http://www.marcopoloadvisor.it/