Cancom sells off UK and Ireland business to Spanish firm for almost €400m

Microsoft Gold partner says the sale to Telefonica Tech follows a 'strategic review' at the company

clock • 2 min read

Cancom has sold off its UK and Ireland business to Madrid-based technology services company Telefonica Tech for a sum of €398m (£338.74m). The valuation represents 15.8 times Cancom UK&I's EBITD...

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