Proximus PLC (BGAOY)
- Reuters
Belgium's Proximus climbs as billionaire Niel buys stake
Proximus's stock was up more than 5% on the Brussels stock exchange at 1030 GMT. "Carraun is making the investment in Proximus to get exposure to the Belgian leader in connectivity," the holding said in a statement. Niel added he had "been attracted by the Belgian market for a long time with its strong economy and where a sound regulatory approach has led to a vibrant telecom sector".
- Reuters
Proximus taps advisers to sell 300 million euro data center unit - sources
Belgian telecoms group Proximus is studying options for its data center unit including a sale, as it seeks to capitalise on growing demand for key infrastructure assets across Europe, three people familiar with the matter said. Proximus, with a market value of 2.5 billion euros ($2.8 billion), has drafted in bankers to work on the sale which could value the data center unit in the region of 300 million euros, the sources said, speaking on condition of anonymity. Proceeds from the sale could help Proximus fund investment in more core areas of its business, including 5G and fibre network rollouts, the first person added.
- Reuters
Proximus taps advisers to sell 300 mln euro data center unit - sources
Belgian telecoms group Proximus is studying options for its data center unit including a sale, as it seeks to capitalise on growing demand for key infrastructure assets across Europe, three people familiar with the matter said. Proximus, with a market value of 2.5 billion euros ($2.8 billion), has drafted in bankers to work on the sale which could value the data center unit in the region of 300 million euros, the sources said, speaking on condition of anonymity. Proceeds from the sale could help Proximus fund investment in more core areas of its business, including 5G and fibre network rollouts, the first person added.
