GO plc - Forthnet Merger Talks Fail

Friday, February 1st, 2013

On 31 January 2013, GO plc issued an announcement confirming Forthnet’s earlier communication that it abandoned merger talks with one of its rivals Wind Hellas. Last October, Wind Hellas confirmed that it had submitted an offer to acquire the telecoms division of Forthnet. Forthnet reported that it will continue to support its organic growth based on its leading position in the provision of combined telecommunications and pay-TV services.

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