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VCISY Vinci SA (PK)

29.29
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Vinci SA (PK) USOTC:VCISY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 29.29 29.29 29.29 0.00 01:00:00

Vinci's Energies Business Buys German Telecom Infrastructure Company

30/09/2019 8:17am

Dow Jones News


Vinci (PK) (USOTC:VCISY)
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   By Cristina Roca 
 

Vinci SA (DG.FR) said Monday that its Vinci Energies business has acquired German telecommunications infrastructure company OFM.

No financial details were disclosed.

OFM's activities are mainly focused on developing fibre-optic networks and posted revenue of 78 million euros ($85.3 million) in 2018.

"With this latest acquisition, VINCI Energies is taking positions in Germany in the buoyant market for fast communications infrastructure and business networks," the French company said.

 

Write to Cristina Roca at cristina.roca@dowjones.com

 

(END) Dow Jones Newswires

September 30, 2019 03:02 ET (07:02 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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