Enagás acquires 100% of Axent with purchase of 51% it did not already own for €37.8 million

enagas

Banco Sabadell | The company has completed the acquisition of 51% of the share capital of Axent Infraestructuras de Telecomunicaciones, S.A., up to 100% of its capital, which was announced in July. The price paid amounts to €37.8 million and the transaction will generate an estimated positive impact on 2025 after-tax profit of close to €16 million (almost 6% of the expected 2025 BDI) due to the accounting revaluation of Enagás’ 49% stake in Axent.

Assessment: News with no impact, as it was expected.

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