All Mergers and Acquisitions (M&A) articles – Page 37
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M&AIliad makes move on Vodafone Italy
France-based Iliad Group said to have tabled an offer to Vodafone board last week. Vodafone share price gets short-lived bounce. Read’s self-styled “proactive” approach to M&A under the spotlight (again).
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M&AOi mobile sale hits another road bump
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 ...
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PeopleTelefónica Tech names advisors to aid growth drive
Acquisitive division lists inorganic expansion as key motivator for the creation of a new Advisory Board. Twelve experts drawn from Group, Tech, and external sources.
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PremiumBT wary of Cellnex compromise on CKH tower merger
Spanish InfraCo willing to sell enough sites from existing estate to enable new UK tower player to emerge, overcoming CMA concerns on competition linked to planned CKH infrastructure acquisition. Four companies already stepped forward as potential buyers. BT remains concerned about impact on MBNL and 5G investment plans.
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PremiumOi mobile sale gets pass, just
Regulators give green light to contentious carve-up of Oi Group’s mobile assets between Vivo, Claro, and TIM. However, Brazil’s Federal Prosecutor’s Office to probe how sale was conducted. Prosecutor cites competition concerns and recommends “administrative proceedings” to investigate collusion among trio to exclude other interested companies. Oi claims sell-off ...
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PremiumTelefónica targets Industry 4.0 with edge compute tie-up
Telefónica Tech signs Grupo Álava strategic agreement to develop a predictive maintenance solution for industrial use-cases. Sharpens focus on Industry 4.0 solutions suite after recent Geprom acquisition.
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Financial & PerformanceVodafone under pressure from activist investor to boost shareholder returns
Bloomberg reports Cevian Capital has built up stake in Vodafone. Unnamed sources say Swedish investment firm putting pressure on Read and management team to move more aggressively on M&A. Accuses Vodafone board of lacking experience and strategic know-how in telecoms. Vodafone share price gets bounce after news breaks of ...
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Public AffairsTelefónica handed EC fine for Brazilian non-compete deal
Decade-long proceedings close with Telefónica — along with Pharol — ordered to hand over €79m for antitrust breach. European Commission findings upheld despite yo-yoing, with final charge held for Telefónica and down slightly for Pharol.
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Public AffairsCellnex offers CMA deal to secure Hutchison UK tower merger
Spanish InfraCo willing to sell enough sites from its existing estate to enable a new UK tower player to emerge, and overcome CMA concerns on competition linked to its planned CKH infrastructure acquisition. Four companies have already stepped forward as potential buyers. CTIL objects to being positioned as a ...
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M&AVodafone under M&A spotlight in Italy, UK
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.
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PremiumElsewhere in Vodafone Europe: VodafoneZiggo issues €2.1bn in sustainability bonds
Vodafone to lose leadership position in Albanian mobile market; VodafoneZiggo issues sustainability bonds valued at €2.1bn; Vodafone UK scam texts fall by more than two-thirds following installation of SMS firewall.
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M&AVodacom moves closer to Vodafone Egypt takeover
Vodacom gets shareholder backing for acquisition of 51% stake. Regulatory approval is still required.
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Network & InfraTelefónica’s PangeaCo begins operations in Peru
Telefónica appears to have failed to find an investor for the Peruvian FibreCo. Political situation may have complicated efforts to find a partner.
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PremiumElsewhere in Vodafone Group: Cisco & Vodafone selected as SFHA commercial associates
Vodafone’s M&A chaperone boosts takings; named commercial associate by Scottish Federation of Housing Associations, along with Cisco.
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M&ATelefónica concludes Central American exit with El Salvador sale
General International Telecom’s $139m transaction completed. Sale goes through at the second attempt after an agreement with América Móvil collapsed in 2019.
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M&ADAZN retakes lead in BT Sport race
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.
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M&AT-Mobile US picks up rideshare advertiser Octopus
Adtech-focused Marketing Solutions division makes acquisition to expand marketers toolkit. Octopus Interactive to transition to T-Mobile network for device connectivity.
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PremiumTelefónica Tech snaps up Geprom
Latest acquisition aimed at bolstering the IoT & Big Data unit.
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M&AGroup’s Central America withdrawal complete
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.