TBSG faces a regulatory clearance delay for the acquisition of Slovenian-based Actual I.T. (NEUTRAL)

23.12.2025 Source: Telelink Business Services Group; FFBH

Telelink Business Services Group (TBSG) revealed that the signed preliminary agreement for the acquisition of a 70% shareholding in Actual I.T. d.d. has experienced regulatory approval delays, resulting in the lapse of the contemplated transaction. According to the statement, the competent authority did not issue the required approval before the expiration of the Share Purchase Agreement (SPA). Recall that TBSG announced an SPA back in May 2025, where the deal price was based on an enterprise value of EUR 22m for the whole company. Notwithstanding the above, the parties remain open to explore potential opportunities for a different transaction based on mutually acceptable terms and conditions.