BMIT Technologies plc - Transaction with GO plc

On 4 December 2023, BMIT Technologies plc announced that it concluded the transaction with GO plc for a consideration of €46.6 million. Through this acquisition, BMIT acquired Passive Telecoms Assets in respect of 278 sites together with the corresponding maintenance functions, all related agreements (including the Master Service Agreement), and an employee responsible for managing the Passive Tower Rights Portfolio. BMIT and GO also entered into a transitional services agreement through which GO will provide certain support services to BMIT during this initial transition period.