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Nov, 2016 : GoDaddy in Exclusive Talks With Host Europe Group
📅 - GoDaddy is now reported to be in exclusive talks to acquire Host Europe Group, after Deutsche Telekom dropped out of the bidding last week. Reuters is reporting that GoDaddy's acquisition of Host Europe would broaden it's European customer base.
Anonymous sources are saying that GoDaddy has already beat out bidding rivals United Internet and Centerbridge. The report from Reuters also said that banks are “lining up debt financing to back a potential deal between the two parties, totaling around 1.5 billion euros, or 4.5 times combined EBITDA.”
Read more here.
Reads: 767 | Category: General | Source: TheHN : The Hosting News
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