Imagine Communications Group has acquired Irish Broadband from NTR and Kilsaran Concrete in a move which will create an enlarged Group with annualised revenues of over €100m. Following the transaction NTR and Kilsaran will hold a combined 25% interest in the enlarged company.
The €47m deal, which values the enlarged Imagine Group at €187m, sees Imagine gain a 10% share of the Broadband market with over 80,000 customers.
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