CORRECT (June 16): Cordiant gets clearance for Polish acquisition

Writer,

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

(Correcting share price.)

Cordiant Digital Infrastructure Ltd - investment firm focused on digital infrastructure assets - receives clearance from the Polish Minister of State Assets for its acquisition of Emitel SA, a Polish multi-asset digital infrastructure business. The acquisition was announced in January. In March, it received antitrust approval from the Polish Office of Competition & Consumer Protection. Remaining regulatory approval is required from the Polish Minister of the Interior. Company expects to complete the acquisition during the third quarter of 2022.

Shares in Cordiant Digital closed at 106.50 pence on Thursday last week.

Current stock price: 105.50 on Tuesday

12-month change: up 1.0%

Copyright 2022 Alliance News Limited. All Rights Reserved.