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Orange issues EUR 3 bln hybrid bonds for Jazztel acquisition

2014-09-25 08:56:00| Telecompaper Headlines

(Telecompaper) Orange has announced that it has raised EUR 3 billion towards its proposed acquisition of Spanish broadband operator Jazztel via the hybrid capital market. The company issued the equivalent of EUR 3 billion in hybrid subordinated perpetual bonds on the Euro and Sterling markets. The bonds were issued in three tranches of EUR 1 billion, 1.25 billion and 600 million, offering first call dates of 7, 12 and 8.5 years respectively. Orange said total orders exceeded EUR 11 billion and that the issue allowed it to strengthen its balance sheet at a cost of 4.5 percent, below the average cost of its existing bonds. On 16 September Orange launched an offer to acquire 100 percent of Jazztel shares at EUR 13 per share, valuing the Spanish operator at around EUR 3.4 billion. The deal is subject to regulatory approval as well as to Jazztel shareholders tendering at least half of the stock on top of an almost 15 percent stake held by top executives who have agreed to sell. 

Tags: issues eur orange acquisition

 

Keysight Technologies Introduces Triggered Simultaneous Acquisition And Readout Capability For PCIe Digitizers

2014-09-25 07:23:44| rfglobalnet Home Page

Keysight Technologies, Inc. recently announced the availability of new signal processing firmware for its family of U53xxA PCIe digitizers. The new firmware (option -TSR) allows simultaneous capture and transfer of acquired data in triggered applications.

Tags: technologies acquisition capability introduces

 
 

Colonial Group Expands Chemical Solutions' Reach With Acquisition Of Acme Southern

2014-09-22 13:23:38| chemicalonline News Articles

Leading independent chemical distributor, Colonial Chemical Solutions, Inc., a subsidiary of Savannah-based Colonial Group, Inc., is pleased to announce that on Thursday, Sept. 4, the company acquired Acme Southern, Inc. based out of Pineville, NC.

Tags: group solutions reach southern

 

BMW using ams data acquisition IC for battery management system in i3

2014-09-18 16:30:37| Green Car Congress

Tags: in system data management

 

Anixter Announces Closing of Tri-Ed Acquisition

2014-09-18 05:53:38| Electronics - Topix.net

International Inc. today announced that it has completed the acquisition of Tri-Ed for a total purchase price of $420 million, subject to working capital, escrow and other customary adjustments. Tri-Ed generated approximately $570 million in sales and $36 million in adjusted EBITDA over the trailing twelve months ending June 30, 2014.

Tags: closing acquisition announces anixter

 

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