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Vodafone agrees to buy Spain's Ono
2014-03-17 08:48:35| BBC News | Business | UK Edition
Vodafone agrees to buy Spanish cable operator Ono for 7.2bn euros ($10bn; 6bn), in a deal aimed at expanding its interests in Europe.
Vodafone agrees deal to buy Ono for over EUR 7 bln - report
2014-03-14 09:36:00| Telecompaper Headlines
(Telecompaper) The shareholders of Spanish cable operator Ono have approved plans for an initial public offering as some Spanish press sources, including business daily Expansion and online newspaper El Confidencial, report that Vodafone has had a bid of around EUR 7.2 billion accepted by the Spanish company. The increased offer, which includes Ono's net debt of around EUR 3.3 billion, is Vodafone's third bid for the operator, which continued working on alternative plans for a flotation after rebuffing previous offers of EUR 6 billion and EUR 6.5 billion. The new bid is around 10 times Ono's EBITDA for 2012 of EUR 752 million and is said to have convinced Ono's key shareholders including Providence Equity Partners, Thomas H. Lee Partners, CCMP Capital Advisors LLC and Quadrangle Capital Partners, which hold about 54.4 percent of the operator. Neither party has made any official announcements regarding the takeover which, according to Expansion, could be finalised by 17 March after the full equity value of the deal, as well as compensation for antitrust issues and the cost of upgrading customers or networks, are agreed upon.
Jos. A. Bank agrees to buy Eddie Bauer
2014-02-15 21:32:13| Apparel - Topix.net
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Lenovo agrees to buy IBM's server business for $2.3 billion
2014-01-23 10:12:41| InfoWorld: Top News
Lenovo Group has agreed to buy IBM's x86 server hardware business and related maintenance services for US$2.3 billion, it announced Thursday. The deal encompasses IBM's System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations. IBM will retain its System z mainframes, Power Systems, Storage Systems, Power-based Flex servers, and PureApplication and PureData appliances.
Tags: business
buy
server
billion
Lenovo agrees to buy IBM's server business for $2.3 billion
2014-01-23 10:12:41| InfoWorld: Top News
Lenovo Group has agreed to buy IBM's x86 server hardware business and related maintenance services for $2.3 billion, it announced Thursday. The deal encompasses IBM's System x, BladeCenter, and Flex System blade servers and switches; x86-based Flex integrated systems; NeXtScale and iDataPlex servers and associated software; blade networking and maintenance operations. IBM will retain its System z mainframes, Power Systems, Storage Systems, Power-based Flex servers, and PureApplication and PureData appliances.
Tags: business
buy
server
billion
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