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Basic Net SpA

M&A Activity • Jan 24, 2025

4229_rns_2025-01-24_a0c761f4-728b-484c-b9ed-f3929ed4a138.pdf

M&A Activity

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BasicNet S.p.A. – The European Commission issues antitrust clearance on strategic investment in K-Way from Permira

Turin – 24th January 2025 – Following the press release published on 25 October 2024, concerning the agreement regarding Permira's acquisition of a significant minority stake in K-Way S.p.A., BasicNet received today notification of the transaction's clearance from the European Commission, acting as competent antitrust authority.

The closing of the transaction is expected on February 28th 2025.

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