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Jefferies Agrees Sale of OpNet Operations to Wind Tre, Substantially Completing Jefferies' Strategic Simplification Plan
JefferiesJefferies(US:JEF) Businesswire·2024-02-05 11:45

NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) announced today that, consistent with its strategy to build the leading independent global Investment Banking and Capital Markets firm, Jefferies agreed to the sale by OpNet S.p.A (the Italian wireless broadband provider formerly known as Linkem) of substantially all of OpNet’s operations to Wind Tre S.p.A., a subsidiary of CK Hutchison Group Telecom Holdings Ltd. (CKHGT). Under the terms of this sale agreement, the consideration will be ...