Bigblu Broadband to sell stake in Quickline for up to £48.6m | 23 April 2021
23 April 2021 | 08:57am StockMarketWire.com - Broadband provider Bigblu Broadband said it had conditionally agreed to sell its stake in Quickline to global private markets investment firm Northleaf Capital Partners for up to £48.6 million. The sale represented an 'excellent return for shareholders of up to 5.8 times the cost of BBB's investment,' the company said. Upon completion, the company's remaining operations would consist of its Australasian operations, SkyMesh and its Nordics business, Bigblu Norge AS. Under the terms of the deal, Bigblu would a receive a payment of up to £41.1 mil...