All M&A articles – Page 8
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M&A
TIM’s INWIT sale forces Board overhaul
Entire INWIT Board of Directors resigns, with replacements to come in October.
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M&A
TIM clears shareholder hurdle for INWIT stake sale
Vodafone to remain largest shareholder after TIM reduces stake.
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M&A
Eutelsat in talks with OneWeb to build unified satellite player
French satellite operator Eutelsat confirms talks to merge with UK government-backed OneWeb.
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M&A
MÁSMÓVIL and Orange sign merger deal
Proposed merger now expected to close during H2 2023, subject to regulatory approval.
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M&A
BT–Discovery merger gains regulatory approval
Competition and Markets Authority signs off on long-mooted 50:50 JV.
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M&A
FiBrasil linked to role in fibre consolidation
Telefónica and CDPQ JV linked to investment plans with country’s fifth-largest ISP, Vero Internet.
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M&A
Vantage Towers CEO says DT M&A option still on
Badrinath sees nothing to preclude consolidation with Deutsche Telekom’s tower assets in Germany.
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M&A
VM O2 said to table TalkTalk bid
Talks said to be in early stages, with initial offer reportedly valuing altnet at about £3bn.
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M&A
Telefónica hives off Argentinian assets from Hispam division
Group approves creation of TLH HoldCo, an “independent economic unit” registered in Spain, to house its interests in Telefónica Móviles Argentina and Telefónica de Argentina.
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M&A
SpaceMobile prioritises satellite launch with NanoAvionics sale
Vodafone-backed satellite developer divests 77% holding in $28m deal.
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M&A
Viasat under fire from US rivals over Inmarsat deal
Amazon-owned Kuiper Systems and Elon Musk’s SpaceX file FCC complaints.
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M&A
Prisa sale calls time on Telefónica political ambitions
Álvarez-Pallete declares the telco “should not be in the business of opinion-making” after offloading the bulk of its 9% stake in Spanish media group Prisa.
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M&A
Telefónica receives bids for minority stake in Spanish rural FibreCo
Spanish media suggests either 45% or 49% is up for grabs.
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M&A
Telefónica remains open to Hispam M&A
Group says it remains focused on “modulating exposure” to unpredictable regional markets. Executives will consider further deal opportunities, despite appearing much more comfortable with exposure levels. Turnaround programme launched in 2019 providing “very solid results”. Hispam still not seen as ‘core’ territory.
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M&A
TPG sells towers to Canadian pension fund
CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 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.
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M&A
Telefónica Tech acquires German data services player
Deal for data analysis outfit completed in transaction worth up to €350m.
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M&A
Telefónica wants €1bn for 49% stake in Spanish rural FibreCo
Group issues sales prospectus for new fibre JV. “Host of possible interested parties”, according to Spanish media outlets, with winner to be decided by the end of the year.
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M&A
Vivo 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 ...