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Ono sets date for shareholder meeting on IPO plans

2014-02-12 12:49:00| Telecompaper Headlines

(Telecompaper) Spanish cable operator Ono has released a short statement confirming that it will hold a shareholders meeting on 13 March to seek approval for its planned IPO. The company added that any formal offer for Ono that may have been on the table was not even discussed at the board meeting held on 11 February, during which the company's operational performance and financial results for 2013 had been approved. According to various press reports, Ono's shareholders would only be prepared to abandon their plans for a stock market flotation if they received an offer above EUR 8 billion for the company from potential suitors such as Vodafone and Liberty Global.

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Category:Telecommunications

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