4iG Nyrt. (BUSE:4IG) signed a final sale and purchase agreement to acquire 99.899% stake in ONE Telecommunications sh.a. from Albania Telecom Invest AD, Guri Enterprises B.V., River Styxx Capital and Adarna EOOD on December 23, 2021. ONE achieved revenues of 68.1 million with an EBITDA of 20.8 million in 2020.The transaction is subject to regulatory procedures in Albania.
As of March 10, 2022, the transaction was approved by Albanian competition authority.