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ATandT to Acquire Mexican Wireless Provider, Iusacell

2014-11-09 15:31:16| Telecom - Topix.net

Under the terms of the agreement, AT&T will acquire all of Iusacell's wireless properties, including licenses, network assets, retail stores and approximately 8.6 million subscribers. The acquisition will occur after Grupo Salinas, the current owner of 50 percent of Iusacell, closes its announced purchase of the other 50 percent of Iusacell that Grupo Salinas does not currently own.

Tags: wireless provider mexican acquire

 

AT&T to acquire Mexico's Iusacell for USD 2.5 bln

2014-11-08 05:18:00| Telecompaper Headlines

(Telecompaper) AT&T has reached an agreement with Mexican holding Grupo Salinas to acquire mobile operator Iusacell for USD 2.5 billion, inclusive of Iusacell debt. Under the terms of the agreement, the US telco will acquire all of Iusacell's mobile properties, including licences, network assets, retail stores and approximately 8.6 million mobile subscribers. The acquisition will be completed after Grupo Salinas, the current owner of 50 percent of Iusacell, closes its announced purchase of the other 50 percent of Iusacell, previously owned by Televisa. Iusacell offers mobile service under both the Iusacell and Unefon brands with a network that covers about 70 percent of Mexico's population. AT&T said that it plans to expand Iusacell's network infrastructure to cover millions of additional consumers and businesses in Mexico. AT&T chairman and CEO Randall Stephenson said that the acquisition of Iusacell is a direct result of the telecoms reforms implemented by President Pena Nieto to encourage more competition and more investment in the local telecoms sector.

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Reyes Beverage Group to acquire Gold Coast Beverage Distributors

2014-11-05 12:30:00| Daily beverage news and comment - from just-drinks.com

Reyes Beverage Group is set to increase its US beer distribution to about 140m cases a year after agreeing to buy Florida's Gold Coast Beverage Distributors.

Tags: group gold coast acquire

 

Publicis in Talks to Acquire Sapient, Wall Street Journal Says

2014-11-03 09:06:14| Food - Topix.net

Publicis Groupe SA is in talks to buy Sapient Corp. as the French advertising company works to bolster its digital-technology edge after a failed merger attempt with Omnicom Group Inc., the Wall Street Journal said . A deal to acquire Sapient, which has a market value of about $2.5 billion, could be announced as soon as tomorrow, the newspaper said, citing people familiar with the matter who weren't identified.

Tags: street journal says wall

 

Spectranetics to Acquire Stellarex(TM) Drug Coated Balloon Assets From Covidien

2014-11-03 03:46:16| Industrial Machines - Topix.net

Conference Call Monday at 8:30 a.m. ET Expands Spectranetics' portfolio of solutions to treat complex vascular conditions in projected $ 700 million drug coated balloon segment COLORADO SPRINGS, Colo., and DUBLIN, Ireland, Nov. 2, 2014 -- The Spectranetics Corporation and Covidien plc today announced a definitive agreement under which Spectranetics will acquire Covidien's Stellarex drug coated angioplasty balloon platform for $30 million. The transaction is subject to approval by the Federal Trade Commission and other regulatory agencies, as well as closure of the pending acquisition of Covidien by Medtronic, which is expected to occur in early 2015.

Tags: drug assets acquire coated

 

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