Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
TDC Group acquires broadband competitor Hiper
October 18, 2018

TDC has acquired the Danish broadband company Hiper. The company's approximately 50 employees will continue the business as part of TDC's business unit OpCo, established earlier this year as part of TDC Group's new strategy. The acquisition of Hiper is a natural part of the strategy of developing OpCo as a leading digital services provider. Hiper currently has 47.000 customers. Hiper reported a negative EBIT of DKK -17m in 2017. The purchasing price is undisclosed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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