Jefferies completes sale of OpNet operations to Wind Tre for ~$317M cash

Jefferies Financial Group Inc.

Completion of sale of Italian wireless broadband provider OpNet (formerly Linkem) to Wind Tre, a CK Hutchison subsidiary.
Jefferies to receive net cash proceeds of approx. $317 million between August 1, 2024 and H1 2025.
Sale will not have a meaningful net impact on Jefferies' operating profit.
CEO and President call this the final deal monetizing legacy merchant-banking assets, advancing pure-play investment bank focus.

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