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ROUTE MOBILE LIMITEDImportant, 19-06-2025: Updates

19-06-2025 | 06:11 pm

Proximus Opal has announced a board meeting to finalize the acquisition of Route Mobile Limited, following a successful open offer to acquire 26% additional equity. Post-offer, Proximus Opal’s holding in Route Mobile stands at 83.71%, consolidating control. The offer price was ₹1,644.67 per share, with total consideration exceeding ₹26,981 Cr assuming full acceptance. This acquisition significantly strengthens Proximus Opal’s stake, indicating a strategic push in the cloud communications space.

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