Apax Partners and Warburg Pincus Acquire T-Mobile Netherlands for €5.1bn
September 7, 2021
Funds advised by Apax Partners and Warburg Pincus have agreed to acquire T-Mobile Netherlands Holding B.V. from Deutsche Telekom AG and Tele2 AB in a deal valuing the company at an enterprise value of €5.1 billion. Under the new ownership, T-Mobile Netherlands will become an independent Dutch company and the buyers plan to support management in accelerating network and fibre-to-the-home growth while continuing to expand its consumer and fixed-broadband customer base.
- Buyers
- Apax Partners (funds advised by Apax Partners LLP), Warburg Pincus (funds advised by Warburg Pincus LLC)
- Targets
- T-Mobile Netherlands Holding B.V.
- Sellers
- Deutsche Telekom AG, Tele2 AB
- Industry
- Telecommunications
- Location
- South Holland, Netherlands
- Transaction Type
- Buyout
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