By Dominic Chopping

STOCKHOLM--Swedish private-equity firm EQT AB said Monday it has agreed to sell Adamo Telecom, a provider of fiber-based broadband services in Spain, to Ardian Infrastructure.

EQT Private Equity acquired a majority stake in Adamo in 2017.

The transaction is subject to customary conditions, including receipt of applicable regulatory approvals, and is expected to close in the first quarter of 2022, the company said.

Financial details weren't disclosed.

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

(END) Dow Jones Newswires

10-11-21 0231ET