All M&A articles – Page 10

  • Yellow speed bump sign
    M&A

    Oi mobile sale hits another road bump

    2022-02-07T16:55:00Z

    Brazil’s Federal Prosecutor’s Office (MPF) representative at antitrust regulator CADE gives thumbs down to proposed sale of Oi Group’s mobile assets to Telefónica|Vivo, Claro Brasil, and TIM Brasil. Non-binding decision cites competition concerns and recommends “administrative proceedings” to investigate collusion among trio to exclude other interested companies. Oi says ...

  • btw332-tt-discovery
    M&A

    Discovery JV: BT Sport to be unbundled from BT

    2022-02-04T12:21:00Z

    Another twist to the tale as BT and Discovery enter exclusive discussions. Jansen indicates agreement encompasses Eurosport UK and ‘Discovery app’, hinting at sports content tie-up; says deal has “no downsides”. The move could be a huge blow to DAZN, which appeared to have secured an $800m buyout.

  • tfw161-tt-oi-delay
    M&A

    Regulator approves Oi sale

    2022-01-31T15:30:00Z

    Decision confirmed, subject to conditions, after Brazilian regulator Anatel postponed ruling last week. A board member had asked for additional time to review sale to a consortium featuring Telefónica|Vivo, Claro Brasil, and TIM Brasil. Final approval still required from competition authority CADE.

  • Vfw203-tt-m+a-italy-uk
    M&A

    Vodafone under M&A spotlight in Italy, UK

    2022-01-24T16:18:00Z

    Group reportedly in consolidation talks with Iliad in Italy. A potential merger with Three UK was also apparently explored. Vodafone keeps head down as rumours swirl. Read keen advocate of European in-market consolidation.

  • vfw203-tt-vodafone egypt stake
    M&A

    Vodacom moves closer to Vodafone Egypt takeover

    2022-01-19T15:39:00Z

    Vodacom gets shareholder backing for acquisition of 51% stake. Regulatory approval is still required.

  • tfw161-tt-el-salvador
    M&A

    Telefónica concludes Central American exit with El Salvador sale

    2022-01-14T11:28:00Z

    General International Telecom’s $139m transaction completed. Sale goes through at the second attempt after an agreement with América Móvil collapsed in 2019.

  • DAZN retakes lead in BT Sport race
    M&A

    DAZN retakes lead in BT Sport race

    2022-01-13T17:05:00Z

    Sports streaming specialist in pole position to land $800m deal. Discovery JV still a possibility, but cash injection may be preferable as BT invests in 5G and fibre rollouts.

  • dtw111-tt-octopus
    M&A

    T-Mobile US picks up rideshare advertiser Octopus

    2022-01-11T16:53:00Z

    Adtech-focused Marketing Solutions division makes acquisition to expand marketers toolkit. Octopus Interactive to transition to T-Mobile network for device connectivity.

  • El Salvador Independence flag
    M&A

    Group’s Central America withdrawal complete

    2021-12-28T12:26:00Z

    El Salvador’s Superintendencia de Competencia gives Group green light to exit the market through transaction announced with General International Telecom in autumn. No conditions attached to approval, unlike earlier deal with América Móvil that ended up collapsing. Deal is final of five regional sales by Group.

  • dtw111-tt-dynamic-yield
    M&A

    Mastercard buys former DT investment Dynamic Yield

    2021-12-22T14:49:00Z

    AI-based customer experience personalisation platform picked up by Mastercard from McDonalds. Deutsche Telekom Capital Partners first invested in 2017.

  • tfw160-tt-lutz-spectator
    M&A

    VM O2 CEO happy as spectator to BT takeover saga

    2021-12-20T14:38:00Z

    Lutz Schüler, CEO at Virgin Media O2, said he “thanks God” his business is not distracted by shareholder goings on. Comes after Patrick Drahi expanded his shareholding in VM O2 rival BT. Schüler’s attention fixed on customer experience improvements and fibre rollout.

  • btw331-tt-drahi-stake
    M&A

    Defences up as Drahi increases BT stake

    2021-12-14T13:52:00Z

    Patrick Drahi’s Altice UK stops short of a takeover bid, but increases holding to 18%. UK government issues warning that it “will not hesitate” to protect national interests amid concerns of foreign investment in critical infrastructure incumbent. Takeover not Drahi’s ‘intention’, but caveats are in place.

  • btw331-tt-drahi
    M&A

    Will Drahi come knocking on BT’s door?

    2021-12-13T15:18:00Z

    Six months on from French billionaire’s surprise raid on BT, Altice UK now free to up its stake or mount a takeover bid. Jansen called in for meeting with UK government minister to get the lowdown on Drahi’s intentions.

  • dtw111-tt-magyar-health
    M&A

    Magyar Telekom divests healthcare subsidiary

    2021-12-09T15:35:00Z

    Hungarian NatCo’s T-Systems Hungary business has divested its Pan-Inform subsidiary. Unit will be operated by the state following the deal’s conclusion in early-2022.

  • dtw111-tt-american-tower
    M&A

    American Tower “excited” by tower M&A in Europe

    2021-12-09T12:59:00Z

    CFO flags possibility of “compelling things” happening in Europe’s tower scene. Cautions, however, that American Tower in no rush for dealmaking. Deutsche Telekom, Cellnex, Orange, and Vodafone also in the mix for tower M&A.

  • btw331-tt-bt-sport-discovery
    M&A

    BT Sport mulls Discovery JV as DAZN buyout stalls

    2021-12-07T11:32:00Z

    Discovery in talks with BT over sports broadcasting partnership. Deal would offer strong alternative to DAZN’s £600m buyout attempt.

  • dtw105-tt-pan-net-austria-dc
    M&A

    DT ‘exploring fibre JVs in Austria, Poland’

    2021-12-01T12:19:00Z

    Germany’s fledgling GlasfaserPlus tie-up said to be providing model for other JVs. Report indicates progress is at a more advanced stage in Austria.

  • tfw160-tt-shield
    M&A

    Spain shields Telefónica as KKR’s TI bid makes waves

    2021-11-30T08:08:00Z

    Spanish government reinforcing restrictions that would halt hostile bids for Telefónica until 2023. Europe’s telco sector awash with bid speculation as KKR pursues TI, and Indian conglomerate Reliance Industries is linked to a BT bid.

  • Reliance denies interest in acquiring BT stake
    M&A

    Reliance denies interest in acquiring BT stake

    2021-11-29T17:15:00Z

    BT share price jumps on report that Indian conglomerate eyeing a move for UK incumbent. Reliance quick to dismiss the article as “completely speculative and baseless”, but City still excited.

  • KKR launches Telecom Italia buyout attempt
    M&A

    KKR launches Telecom Italia buyout attempt

    2021-11-22T16:15:00Z

    Offer believed to be worth at least €32bn. Operator shares soar 30% as the news emerges.