KKR in Talks With Pollen Street on Spain’s Hipoges

KKR in Talks With Pollen Street on Spain’s Hipoges

KKR & Co. Inc. is in advanced talks to sell its Spanish real estate management company Hipoges Iberia SL to Pollen Street Group Ltd., according to people with knowledge of the matter.

Private equity backers could cash in on MasOrange with IPO

News KKR, Cinven, and Providence – now joint owners of MasOrange alongside Orange – could fully exit the newly formed mobile giant According to sources speaking to the Financial Times, private equity firms KKR, Cinven, and Providence are considering launching an initial public offering (IPO) of newly formed MasOrange as early as next year. The almost €22 million merger to combine Orange and MasMovil’s Spanish operations was agreed in 2022. The d…

The ecosystem of the telecommunications companies in Spain faces a scenario of changes. The big dominant companies outline their new strategies, with Masorange studying a possible outlet to the stock market and Telefónica carrying the singing voice on the consolidation of the sector, open to future purchases. Although the public offer of sale (OPV) of the group that leads Meinrad Spenger is on the table since the merger agreement between Orange …

FT says MasOrange's private equity backers considering a 2026 IPO - Mobile Europe

Separately, MasOrange’s fibre JV with Vodafone Spain is seeking an investor The Financial Times reports [subscription needed] that the private equity backers of MasOrange are mulling the possibility of an initial public offering (IPO) in 2026, looking to “cash out some of their assets”. MasOrange’s earnings report for its first full calendar year of operation, published in February, indicated that it is performing in line with expectations. It h…

The owners of MasOrange have just celebrated the annuity since the formation of the joint venture in Spain at the end of March 2024, and are already exploring a public offer of the company for the year 2026. According to the merger agreement, either party could launch an OPV after a period of two years of blockade, which will expire in April 2026. However, KKR, Cinven and Providence Equity Partners, the three MoreMovil owned funds, which formed …

The “private equity” that controls Msmvil will be in talks to put the MasOrange group on the stock exchange. French people from Orange have an option to buy at the IPO price, if they want a majority of the company.