Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  EQT AB    EQT   SE0012853455

EQT AB

(EQT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

EQT : Proximus Form Joint Venture to Build Fiber Network in Flanders

11/27/2020 | 03:26am EST

By Dominic Chopping

STOCKHOLM--Swedish private-equity fund EQT AB and Belgian telecom operator Proximus Group said Friday they have signed a joint venture agreement to design, build and maintain a fiber-to-the-home network in Flanders.

The EQT Infrastructure V fund and Proximus said they will build the network for at least 1.5 million households and businesses in the Flemish region of Belgium, with the first customers expected to connect to the network during 2021.

EQT Infrastructure will initially own 50.1% of the joint venture and Proximus will hold 49.9%.

The closing of the transaction is expected in the first quarter of 2021, subject to customary regulatory approvals.

With this transaction, EQT Infrastructure V is expected to be 15%-20% invested based on its target fund size.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

11-27-20 0325ET

Stocks mentioned in the article
ChangeLast1st jan.
EQT AB -4.33% 207.5 Delayed Quote.-1.38%
PROXIMUS SA -0.40% 17.22 Real-time Quote.6.23%
All news about EQT AB
01/15EQT : Invitation to presentation of EQT AB's Year-End Report 2020
AQ
01/07EQT : and Verdane announce intention to merge FocusVision and Confirmit
AQ
2020EQT : Launches Offer to Acquire Outstanding Shares in Torghatten
DJ
2020EQT : Infrastructure V launches offer to acquire all outstanding shares in Torgh..
AQ
2020EQT : signs EUR 1 billion Revolving Credit Facility
AQ
2020EQT : Offer document regarding Roar BidCo AB's cash offer to the shareholders an..
AQ
2020EQT Received $306 Million From Certara IPO
DJ
2020EQT : VII portfolio company Certara closes Initial Public Offering
AQ
2020EQT : Buys Majority Stake in US Self-Storage Technology Provider Storable
DJ
2020EQT : Private Equity makes a majority investment in Storable, the leading softwa..
AQ
More news
Financials
Sales 2020 668 M 806 M 806 M
Net income 2020 237 M 286 M 286 M
Net cash 2020 898 M 1 084 M 1 084 M
P/E ratio 2020 80,3x
Yield 2020 1,16%
Capitalization 19 484 M 23 567 M 23 527 M
EV / Sales 2020 27,8x
EV / Sales 2021 17,5x
Nbr of Employees 651
Free-Float 26,2%
Chart EQT AB
Duration : Period :
EQT AB Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EQT AB
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 9
Average target price 18,33 €
Last Close Price 20,44 €
Spread / Highest target 19,0%
Spread / Average Target -10,3%
Spread / Lowest Target -30,2%
EPS Revisions
Managers and Directors
NameTitle
Christian Otto Sinding Chief Executive Officer & Managing Partner
Yngve Conni Jonsson Chairman
Caspar Mats Andreas Callerström Chief Operating Officer & Deputy CEO
Kim Henriksson Chief Financial Officer
Finn Anders Egil Rausing Independent Director
Sector and Competitors