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Altimo buyout of Orascom Telecom shareholders not completed Monday
2013-05-28 02:00:00| Total Telecom industry news
Russian company's offer saw 15.9% of shares tendered, below regulators' minimum requirement.
Tags: monday
completed
telecom
shareholders
Hulu buyout heats up with four reported bidders
2013-05-24 02:53:00| CNET News.com
The video streaming service has supposedly been courting buyers over the past couple of years and now it's looking like the first round of bids may be in. [Read more]
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bidders
heats
buyout
Pars United launch buy-out bid
2013-05-22 13:37:35| BBC News | Business | UK Edition
The community group seeking to save administration-hit Dunfermline target 500,000 to buy the club.
Orascom Telecom rejects Altimo buy-out offer
2013-05-15 08:54:00| Telecompaper Headlines
(Telecompaper) Egypt's Orascom Telecom announced that its board of directors has recommended shareholders reject an offer from Russian investor Altimo to buy out the mobile company for USD 0.70 a share. Independent financial adviser HC Securities and Investments put the fair value of Orascom's shares higher, at USD 0.86 per share, the company said. Altimo made the offer which values all of Orascom at USD 3.7 billion in early April. Altimo already has a 47.85 percent voting interest in Orascom's controlling shareholder Vimpelcom. Representatives of Vimpelcom, which owns 52.92 percent of Orascom Telecom, did not vote on the board's opinion of the bid. Vimpelcom said separately that it does not plan to tender its Orascom shares to Altimo under the current terms of the offer.
Tags: offer
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buyout
Orascom Telecom advises shareholders to reject Baskindale buyout
2013-05-15 02:00:00| Total Telecom industry news
Egyptian operator says independent advisor has valued its shares higher than offer price.
Tags: telecom
shareholders
reject
advises
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