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EY-Parthenon M&A advisor in sale of Swedish fiber communication network

EY-Parthenon financial advisor in divestment of Swedish fiber communication network to Local Connect.

Öckerö Fastighets AB, a wholly owned subsidiary to the municipality of Öckerö, north of Gothenburg, has entered into an agreement to divest its fiber communication network to Local Connect. The transaction is subject to approval by the city council.

 

Local Connect is an owner of several local fiber networks in Sweden.

 

EY-Parthenon Corporate Finance, through its Nordic Energy and Infrastructure Corporate Finance team, acted as financial advisor to the seller in the competitive transaction process.

 

Below you can find a selection of EY's recent deal alerts and you can also find a more extensive list on our Transactions and Corporate Finance by EY-Parthenon page.

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    Summary

    EY-Parthenon Corporate Finance financial advisor to the municipality of Öckerö in the divestment of its fiber network to Local Connect.

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