All Deals (M&A) articles – Page 15
-
M&ATPG sells towers to Canadian pension fund
CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 950m. After transaction costs and tax, TPG will bank a more modest sum of between AU$ 350m and AU$ 400m. Transaction includes 20-year master services agreement.
-
M&ATelefónica Tech acquires German data services player
Deal for data analysis outfit completed in transaction worth up to €350m.
-
PremiumVodafone ‘weighs’ TalkTalk takeover
UK altnet said to have asked Lazard to review options as potential bidders circle.
-
PremiumVodafone mulls Spanish fixed line options
Spanish OpCo faces tough decisions as rivals MÁSMÓVIL and Orange Spain plan merger.
-
M&AVivo eyes convergence options as Oi integration begins
Cross-selling to new Oi customer base a focus for CEO Christian Gebara as migration and integration gets underway, set to be completed in 2023. Synergies of BRL 5.4bn (£870m/€1bn) expected via efficiencies in costs, investments, and integration. Spectrum and mobile site tidy-up due this year, with half of the ...
-
Network & InfrastructureVodafone fibre JV rumours resurface in Germany
UK-headquartered Group reportedly talking to investors. Maximum investment said to be capped at €10bn. Off-balance sheet option wheeled out again.
-
M&ADT hoping for speedy resolution amid ‘multiple’ tower bids
Future of Deutsche Funkturm to be determined following bids from various parties, with American Tower, Cellnex, KKR, and Vantage Towers all named. DT apparently keen to seal a deal sooner rather than later. Despite previous intent to complete full sale, minority option remains “attractive”.
-
M&ATelefónica’s Vilá welcomes merger of rivals in ‘fragmented’ Spanish market
Telefónica COO again questions whether Telefónica should now be seen as a dominant player. Vodafone said to be exploring options for its fixed assets in Spain.
-
M&AT-Mobile Netherlands CEO welcomes private equity owners with open arms
Abildgaard compares new strategy with that of old parent company Deutsch Telekom. Ambitious aim to turn Dutch operator into the country’s largest fibre service provider within five years. CEO makes undisclosed investment in new-look company.
-
M&AT-Mobile Netherlands sale finalised
Consortium WP/AP Telecom Holdings concludes long-awaited transaction. New owners keen on ‘business as usual’ approach, with eyes on continued growth. Deutsche Telekom expected to net about €3.8bn from sale.
-
PremiumDutch exit done; Abildgaard welcomes new owners
Abildgaard takes apparent swipe at Deutsche Telekom following long-awaited sale to WP/AP Telecom Holdings consortium. CEO champions ambitious aim to turn Dutch operator into country’s largest fibre service provider within five years. CEO makes undisclosed investment in new-look company. DT expected to have net about €3.8bn from sale, with ...
-
M&AHrvatski Telekom to absorb evotv assets
Merger of HT Produkcija with Croatian incumbent on the cards. HT Produkcija, fully owned by Hrvatski Telekom and owner of evotv, will cease to exist.
-
M&ADeutsche Telekom set to cash in on Dutch exit
T-Mobile Netherlands’ junior partner Tele2 expects sale transaction to close within “weeks”. Group to receive around €3.8bn in net cash proceeds. Unlikely to follow Tele2’s lead and use cash windfall for extraordinary dividend.
-
OperationsDeutsche Telekom puts tower business up for sale
Group said to be prepping auction of 40,600 masts with an €18 billion price tag attached. Cellnex and American Tower reportedly putting together offers.
-
M&AVodafone in talks with investors on 21% Indus stake
Group to participate in Vi’s planned capital raise. Vodafone agrees to sell 4.7% Indus stake to Bharti Airtel. Vi troubles have increased ‘trade receivables’ at Indus over several quarters.
-
M&AVodafone Spain faces new challenge as MÁSMÓVIL turns to Orange
Planned JV would become biggest mobile operator in Spain with more than 20 million subscribers. Vodafone left with fewer options in Spain as two nearest rivals join forces.
-
Network & InfrastructureCellnex wins over BT and CMA to secure Hutchison UK tower merger
BT appeased by recent strengthening of its own Cellnex partnership. Cellnex to complete €10bn, six-country deal following approval of UK merger.
-
M&AVodafone explores sale of Indus Towers stake
Group plans to use some of the proceeds to take part in Vi fundraising exercise. Bharti Airtel could buy another 4.7% stake in Indus Towers. Indus security arrangements have been modified, but TowerCo still protected from Vi weakness. In Europe, Vodafone could lose Telecom Italia as partner in ...
-
M&ATelefónica Tech UK&I hints at more acquisitions
Telefónica Tech to continue UK shopping spree this year. After snapping up Cancom UK&I, division wants to expand cloud and cybersecurity presence in the region.
-
M&ANabiax mulling sale of ex-Telefónica data centre bundle
Business set up through Asterion–Telefónica partnership reported to be assessing demand for set of eleven data centres in Americas. Move appears to shift focus of Nabiax, and its commercial tie-up with Telefónica, towards Spain. Centres were picked up in 2019 and 2021, as part of Telefónica’s trimming of Hispam ...