Iskratel acquired by Austria's S&T for EUR 37.5m

Kranj/Linz, 1 July - The Slovenian telecoms equipment maker Iskratel, which has been looking for a strategic partner for a while, has been acquired by the Austrian group S&T. The deal, worth EUR 37.5 million, is expected to be finalised in the autumn as it awaits regulatory approval.

Kranj
Telecommunications company Iskratel
Photo: Nebojša Tejić/STA

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