Enet stake bidder claims it was used as a ‘stalking horse’
Investment fund Cube sues over breach of trust in negotiations for €145 million stake in telecoms firm Enet
A multibillion-euro investment fund has claimed it was used as a “stalking horse” in a €145 million contest for a stake in Enet, the telecoms firm at the centre of a controversy over the rollout of rural broadband.
Cube Infrastructure, a Luxembourg-based investment fund, also claims its confidential information was secretly used to ‘expedite’ the ultimate sale of the stake to a state backed fund.
Enet is the last bidder standing for the state’s lucrative broadband...
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