Proximus Group closes the sale of its datacenter business to Datacenter United

Proximus Group announces the successful completion of the sale of its datacenter business, as part of its broader strategy to generate EUR 500 million from non-core asset divestments by 2027.

In October last year, Proximus Group announced it had reached an agreement with the Belgium-based service provider Datacenter United on the sale of its datacenter business, for an enterprise value of EUR 128 million.

All the regulatory conditions precedent have been met. The parties have therefore proceeded to the closing of the transaction on February 28. Proximus Group has received the proceeds from the transaction in the meantime.