Grupo Ezentis, S.A. cancelled the acquisition of Rocio Servicios Fotovoltaicos SLU on November 19, 2021.
November 18, 2021
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Grupo Ezentis, S.A. (BME:EZE) agreed to acquire Rocio Servicios Fotovoltaicos SLU on June 30, 2021, The agreed exchange ratio is 226,107 ordinary shares of Ezentis, with a nominal value of 0.30 euros each, for each shareholding in Rocío, with a nominal value of 1 euro eachThe board of directors of Ezentis approved the transaction. Monitor Deloitte has advised Ezentis on the operation and has issued an opinion on the industrial and business rationale for the Ezentis Board of Directors, while Ernst & Young, financial advisor on the operation, has issued an opinion on fairness. opinion) of the exchange equation. Clifford Chance, Garrigues and Watson Farley & Williams acted as legal advisers, and KPMG acted as auditor.
Grupo Ezentis, S.A. (BME:EZE) cancelled the acquisition of Rocio Servicios Fotovoltaicos SLU on November 19, 2021.
Grupo Ezentis SA, also known as Ezentis, is a Spain-based company engaged in the infrastructure and telecommunications sectors. The Companyâs activities are structured into three segments: Telecommunications, Electricity and Others. The Telecommunications segment provides design, construction, operation, as well as maintenance services of fiber optic and mobile telephone networks, among others. The Electricity area offers a variety of services within the electric power infrastructure, such as assembly of transmission and distribution lines, installation of substations, smart grids and maintenance of public lighting network. The Others segment encompasses operations in water, oil and gas, as well as mining sector, including construction, repairs, inspections, project management, and engineering services, among others. Ezentis operates through Comunicaciones Y Sonido Mexico SA de CV, Ingenieria Celular Panamericana SA and Gts Thaumat XXI SA.