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Comtel buys remaining 40% stake in Novanext for EUR 1.24 million

PUBT·07/17/2026 09:02:48
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Comtel buys remaining 40% stake in Novanext for EUR 1.24 million
  • Comtel is set to buy the remaining 40% stake in Novanext, taking full ownership and accelerating a planned merger integration started in 2024.
  • Total consideration is EUR 1.24 million, payable in five installments through Dec. 31, 2028; first payment of EUR 240,000 due by Dec. 31, 2026.
  • Closing is expected in July 2026; the purchase will be funded with Comtel’s own resources.
  • Separately, Comtel terminated its agreement to buy 52% of ATS after conditions were not met, delaying closing beyond Q3 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Com.tel S.p.A. published the original content used to generate this news brief on July 17, 2026, and is solely responsible for the information contained therein.