Axesor puts Masmovil rating under observation to assess the impact of the purchase of Pepephone on its solvency

28th April of 2016

Following the company's announcement to acquire 100% of the mobile operator Pepephone, as well as all subsidiaries operating under that brand, Axesor has put the telco rating under observation. The transaction price is 158 million euros, purchased with positive net cash, of which 20 million euros have already been delivered as payment on account.