---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-190571"
form_type: "8-K"
ticker: "JEF"
cik: "0000096223"
company_name: "Jefferies Financial Group Inc."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T14:12:36.207905+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-190571
- form_type: 8-K
- ticker: JEF
- cik: 0000096223
- company_name: Jefferies Financial Group Inc.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96223/000119312524190571/0001193125-24-190571-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96223/000119312524190571/d834269d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-190571
- JSON: https://secwatch.observer/filing/0001193125-24-190571.json
- Plain text: https://secwatch.observer/filing/0001193125-24-190571.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.