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Tag: acquire
UPC Ireland to acquire TV3 for EUR 80 million
2015-07-06 11:00:00| Telecompaper Headlines
(Telecompaper) Liberty Global subsidiary UPC Ireland has signed an agreement with Doughty Hanson to acquire Irish commercial broadcaster TV3 for EUR 80 million. An extra sum of up to EUR 7 million is payable based on TV3 hitting certain targets. On completion of the deal, TV3 will become part of Liberty Global group, demonstrating the latter's confidence in both TV3 and the Irish TV and production sectors. TV3 operates two free-to-air channels, the flagship TV3 channel and the youth-oriented 3e. In addition, it has TV3+1 on UPC and Sky, and the 3Player VoD platform. The deal is subject to regulatory approval from the Competition and Consumer Protection Commission and a separate media plurality test by the Irish Government.
Tags: eur
million
ireland
acquire
Rhenus agrees to acquire stake in Austrian rail-freight operator LTE
2015-07-06 01:00:00| Railway Technology
German logistics group Rhenus has strengthened its rail business unit with the acquisition of 50% stake in Austrian rail-freight operator LTE Logistik- und Transport from Graz-Köflacher Bahn & Busbetrieb (GKB).
Tags: operator
acquire
agrees
stake
PayPal to acquire digital money transfer provider Xoom
2015-07-02 09:04:00| Telecompaper Headlines
(Telecompaper) PayPal said it has agreed to acquire Xoom, a digital money transfer provider, for USD 25 per share in cash, bringing the total entreprise value to USD 890 million. The deal, at a 32 percent premium over Xoom's three-month volume-weighted average share price, was unanimously approved by the boards of directors of both companies, as well as the board of PayPal parent eBay. The acquisition will allow PayPal to offer a broader range of services worldwide, increase customer engagement and enter a growing adjacent marketplace, the company said. Xoom is present in 37 countries, and in particular in Mexico, India, the Philippines, China and Brazil. Due to anticipated one-time integration costs, the transaction is expected to be slightly dilutive to PayPal's non-GAAP earnings per share for 2016. PayPal intends to fund the deal with cash on its balance sheet.
Tags: money
digital
transfer
paypal
JBS to Acquire US Cargill Pork Business
2015-07-02 02:00:00| ThePigSite - Industry News
BRAZIL - JBS USA Pork has announced that it has entered into an agreement to acquire Cargill's US pork business.
Tags: business
acquire
pork
cargill
JBS to acquire Cargills pork businesses for $1.45bn
2015-07-02 01:00:00| Food Processing Technology
Brazil-based meat packer JBS' US unit Swift Pork will acquire the pork business of Cargill for $1.45bn.
Tags: businesses
acquire
pork
jbs
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