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Tag: merger
Huge hurdles, upside in proposed CP-NS mega merger
2015-11-30 16:41:39| Railroads - Topix.net
NEW YORK - Last week, Canadian Pacific Railway made a $28.4 billion takeover bid for Norfolk Southern that would create North America's third-largest railroad by revenue behind Union Pacific and BNSF. The combined company would own over 32,000 miles of track - more than enough to circle the globe-and control just over 20% of the North American market.
Tags: huge
proposed
mega
merger
Orange, Telecom Italia on renewed merger talk
2015-11-30 01:00:00| Total Telecom industry news
Telcos deny tie-up rumours, but Orange admits it is looking ahead to the possibility of a single European market.
Tags: talk
italia
orange
telecom
Mobilink, Warid Telecom announce merger : November 26, 2015,
2015-11-26 15:59:57| Telecom - Topix.net
ISLAMABAD Pakistan's telecom industry is about to witness a massive consolidation as the parent companies of Mobilink and Warid Telecom announced on Thursday that they had reached a merger agreement. A joint press release issued by both companies confirms that Mobilink will first acquire 100 per cent of Warid's shares in consideration for the Dhabi Group shareholders acquiring approximately 15 percent of the Mobilink shares.
Tags: november
telecom
announce
merger
Mobilink, Warid announce merger
2015-11-26 09:08:00| Telecompaper Headlines
(Telecompaper) VimpelCom and Global Telecom Holding (GTH), Warid Telecom Pakistan and Bank Alfalah (Dhabi Group shareholders), have agreed to merge their Pakistan telecom businesses. The merger of Mobilink and Warid Telecom will create an entity that will serve 45 million customers and be in a better position to develop high-speed mobile networks. The transaction is the first merger in the mobile telecommunications sector in Pakistan. VimpelCom and the Dhabi Group shareholders have agreed a clear corporate governance structure. The board will consist of seven directors, of whom six will be nominated by VimpelCom and GTH and one nominated by the Dhabi Group shareholders. Upon completion, Mobilink CEO Jeffrey Hedberg will become the CEO of the combined business and Mobilink's CFO Andrew Kemp the new CFO. The transaction is expected to create capex and opex synergies with a net present value of USD 500 million. The combined revenue of both companies for the 12 months to September was USD 1.4 billion.
Tags: announce
merger
mobilink
announce merger
Mobilink swallows up Warid Telecom in Pakistan mobile merger
2015-11-26 01:00:00| Total Telecom industry news
Vimpelcom-owned market leader strengthens its position through deal with smallest player; merged entity will have over 45 million customers.
Tags: mobile
pakistan
telecom
merger
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