Antler, Backed by Apax, Sells Remaining 13% Stake in Internet Group

Monday, 15 July 2024, 13:36

The sale of a 13% stake in Baltic Classifieds Group PLC by Antler, under the control of Apax Partners LLP, for \\$202.5 million has significant implications. This move marks a strategic shift in ownership and could signal future developments within the internet service provider sector.
Law360
Antler, Backed by Apax, Sells Remaining 13% Stake in Internet Group

Sale of Stake:

Antler, in a move backed by Apax Partners LLP, has sold off its remaining 13% stake in Baltic Classifieds Group PLC.

Financial Impact:

  • \$202.5M Deal: The stake sale amounted to \$202.5 million, highlighting the substantial financial transaction.

This strategic move holds implications for Baltic Classifieds Group PLC's future trajectory in the market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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