je.st

Home › acquire

Tag: acquire

Telxius agrees to acquire 1,909 Brazil towers from Vivo

2019-11-29 09:21:00| Telecompaper Headlines

(Telecompaper) Telefonica's infrastructure subsidiary Telxius has announced an agreement to acquire 1,909 towers in Brazil from the group's local unit Telefonica Brasil (Vivo) for a total of BRL 641 million (around EUR 140 million). The deal, subject to approvals from Brazil's antitrust authority CADE, will double the size of Telxius in Brazil to 3,850 owned sites, consolidating its position as one of the main neutral infrastructure operators in the country.

Tags: brazil vivo acquire agrees

Coats to acquire US technical yarn maker Pharr HP

2019-11-26 11:56:00| Daily apparel & textile news and comment - from just-style.com

Industrial thread maker Coats has signed a binding agreement to acquire the business and assets of US high-performance engineered yarn maker Pharr HP.

Tags: technical maker acquire coats

Altice fibre JV to acquire French infrastructure operator Covage for EUR 1 bln

2019-11-25 10:13:00| Telecompaper Headlines

(Telecompaper) Altice Europe announced that its French fibre venture SFR FTTH has agreed to acquire infrastructure operator Covage for a total cash consideration of EUR 1.0 billion. The deal was reached with the operator's two main shareholders, private equity firm Partners Group and Cube Infrastructure Fund. The latter was reported to have hired Morgan Stanley earlier this year to find a buyer for its 50 percent stake in Covage.

Tags: eur french operator infrastructure

Ribbon to acquire ECI Telecom for expansion in optical, data markets

2019-11-14 16:28:00| Telecompaper Headlines

(Telecompaper) Ribbon Communications announced an agreement to acquire ECI Telecom, expanding its portfolio with packet-optical transport and SDN/NFV equipment. The company will pay 32.5 million shares of Ribbon common stock and USD 324 million of cash, and ECI stockholders will also receive USD 31 million from ECI's property sale.

Tags: data markets expansion optical