e& completes acquisition of controlling stake in PPF Telecom, diversifying portfolio footprint into Central and Eastern Europe
PR NewswireOct 25, 2024
ABU DHABI, UAE, Oct. 25, 2024 /PRNewswire/ -- e& and PPF Group ("PPF") today announced the successful completion of their landmark partnership, with e& acquiring a controlling stake (50% plus one economic share) in the service and infrastructure companies of PPF Telecom Group ("PPF Telecom") across Bulgaria, Hungary, Serbia and Slovakia. This acquisition marks a significant step in e&'s ongoing global expansion ambitions, diversifying and growing its geographical