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AT&T planning IPO of DirecTV LatAm stake

2018-02-08 08:39:00| Telecompaper Headlines

(Telecompaper) AT&T has announced that it's exploring an initial public offering of a minority stake in satellite television service DirecTV Latin America in the first half of 2018. In a brief statement the company confirmed that it has confidentially filed an IPO registration statement with US regulators but gave no assurance that the transaction will be completed. The filing confirms earlier reports that the company was reviewing its portfolio with a view to reducing its debt, which is set to surge to around USD 180 billion once its USD 85.4 billion acquisition of Time Warner closes.

Tags: planning att ipo stake

 

Netgear plans IPO for Arlo ops amid record group revenues in Q4

2018-02-07 09:21:00| Telecompaper Headlines

(Telecompaper) Netgear has decided to separate its Arlo security camera operations from the main business, probably through an IPO. Matthew McRae will lead the new company. He recently joined Netgear as SVP of Strategy, coming from Vizio, where he was CTO and head of marketing. 

Tags: group record plans revenues

 
 

Purcari Wineries set for US$71m IPO

2018-01-30 12:49:00| Daily beverage news and comment - from just-drinks.com

One of Eastern Europe's biggest wine producers, Purcari Wineries, will look to raise more than RON265m (US$71m) for its shareholders in an initial public offering.

Tags: set ipo wineries

 

SoftBank mulls launch of mobile unit IPO this year

2018-01-15 08:15:00| Telecompaper Headlines

(Telecompaper) SoftBank has announced it is considering an initial public offering for its mobile phone unit. SoftBank plans to list its wireless unit in Tokyo and overseas this year and the offering could bring in about CNY 2 trillion (approximately USD 18 billion), the Nikkei reported. Listing the shares is one of the options, but no decision has been made to officially proceed with the IPO, the company said in a statement.

Tags: year mobile unit launch

 

Dropbox files confidential IPO - report

2018-01-12 08:35:00| Telecompaper Headlines

(Telecompaper) Online file-sharing firm Dropbox has filed confidentially for an initial public offering in the US, according to unnamed sources cited by Bloomberg and later confirmed by Forbes. The company is valued by private investors at USD 10 billion, with Goldman Sachs and JPMorgan Chase set to lead the listing process. One source added that the company is looking to list in the first half of this year.

Tags: report files confidential ipo

 

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