Business · Companies · 19 hrs ago

Apax Partners to take full ownership of Odido in multibillion-euro deal

Apax Partners to take full ownership of Odido in multibillion-euro deal

Apax Partners is set to take full ownership of Odido, a telecom company.

The British investor is buying out co-investor Warburg Pincus.

The deal is estimated to involve billions of euros, though no exact amount is given.

Until now, Apax and Warburg Pincus were both investors in Odido.

The buyout means Odido will have one owner instead of two.

The available information does not say when the deal will be completed or what changes may follow.

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