All M&A articles – Page 20
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M&ADeutsche Telekom smart-buildings partner snapped up
2017 “strategic” investment offloaded by Group. Netherlands’ Planon to subsume Axonize’s IoT platform into wider facilities management product and services suite.
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M&ABT quietly divests Boingo Wireless interest
Telco offloads small minority stake in Boingo. US wireless internet service provider recently subsumed by Digital Colony.
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M&ALiberty: VodafoneZiggo-Telenet merger not in pipeline
Group partner CEO rules out near-term merger. How Liberty and Vodafone’s Dutch JV will evolve remains unclear, with shareholders facing various M&A options. Liberty keen to pursue pathway that suits both parties.
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M&ATelxius completes European tower sale
Telefónica handed regulatory go-ahead for tower divestment, with German and Spanish sites handed to American Tower. Latin American portion to follow next year, pending approval. Submarine cables also up for grabs, with first bids reportedly received.
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M&ATele2 ready to pull T-Mobile Netherlands plug
Tele2 Group CEO confirms intent to pivot away from the Dutch market, with focus on its ‘core’ territories. Comments come with DT also pondering options.
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M&ATelefónica Colombia dials up DIRECTV buyout
DIRECTV internet services customer base and spectrum to be acquired under agreement, pending regulatory approval. Deal indicates “commitment” to Colombia despite rumblings of an exit, says CEO Hernández.
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M&AVM-O2 sets sights on BT as merger gets final clearance
CMA’s final approval should see deal completed by 1 June. Owners trumpeting investment opportunities with fibre InfraCo potential coming to the fore.
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M&ADeutsche Telekom pondering Dutch M&A options
Group appears cold on possibility of buying out junior partner in T-Mobile Netherlands when options open up in January 2022. New tie-up or sale flagged as likelier outcomes.
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M&ATelefónica seeks buyers for logistics unit Zeleris — report
Telefónica España distribution and logistics subsidiary reportedly on the market with a €100m price tag. EY on board to push for a sale as divestment strategy continues across the Group.
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M&ACADE makes Vivo wait for share of Oi’s mobile assets
Industry watchdog still inspecting ins and outs of Oi divestment. Closure now expected in early-2022. Consortium partners still confident of being granted go-ahead.
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M&ASuitor emerges for Telefónica Uruguay
Grupo Olmos, Argentinian healthcare, insurance, and media conglomerate, formalises intention to enter negotiations for the OB. Former Telefónica Espana CEO Gipérez appointed to “lead” acquisition project.
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M&ATelefónica offloads DCs to Nabiax
Operator exchanges DCs for minority holding in Nabiax. Long-term housing services agreement established. Deal mooted to worth around €100m.
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M&Ahubraum-backed Flexperto sold to RGI
The software provider, one of hubraum’s first investments, is acquired by insurance tech specialist RGI Group. Communications SaaS provider Flexperto claims to have seen significant growth during lockdowns.
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M&ACMA doubts bundle demand as it greenlights VM-O2
Provisional clearance of merger based on limited ability of the partners to manipulate wholesale pricing and services in their favour. Creation of a new fixed-mobile giant not expected to unleash a sudden surge towards single-contract multi-play bundles in the UK market.
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M&AVodafone interest AST SpaceMobile completes merger
LEO satellite venture combines with special purpose acquisition company to fuel expansion, with eyes on going commercial with a helping hand from Vodafone. “ASTS” trading on NASDAQ. CEO Avellan unfazed by competition from SpaceX and co.
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M&ABids expected for Telxius subsea cables
Telefónica debt reduction strategy set to extend to submarine infrastructure as buyers are sought for 100,000km cable network. Reports indicate that an agreement is wanted by mid-2021, with rough valuations standing around the €2bn mark.
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M&AVodafone’s Icelandic affiliate divests Hey
Sýn sells minority stake in Faroese sister company. Icelandic operator seeking cost efficiencies (in more ways than one). Partner Market relationship remains active in service and tech development.
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M&ABT absorbs Local Business agent Fourfront
Reseller relationship brought in-house in small transaction. BT says no shift in strategy for SME go-to-market.
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M&ATelefónica’s Cerdán has more M&A deals up sleeve
Medium-scale buyouts remain on radar for Telefónica Tech CEO. Bold talk on deal-making forming route to growth goals. Reported souring of Govertis transaction hasn’t put Telefónica off.
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M&ATele2 reaffirms planned T-Mobile exit as lock-in nears its end
Tele2 Group reiterates plans to exit the Dutch market “over time”. Agreement with Deutsche Telekom opens offload option from January 2022. Rumours of a DT exit remain fresh.