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Tag: stake
Saudi Telecom may reduce its $2.39bn bid for controlling stake of Vodafone Egypt
2020-09-08 02:00:00| Total Telecom industry news
Anonymous sources have reportedly revealed to Bloomberg that STC is looking to reduce its initial bid for a 55% stake in Vodafone Egypt, which was originally set at $2.39 billion. STC and Vodafone Egypt first signed the MoU back in January…read more on TotalTele.com »
ECJ declares Italy freeze on Vivendi's Mediaset stake unlawful
2020-09-04 11:38:00| Telecompaper Headlines
(Telecompaper) The EU court of justice has ruled that the Italian law requiring French media giant Vivendi to freeze its stake in broadcaster Mediaset on anti-trust grounds infringed the union's regulations. The decision was in line with the opinion of the ECJ's advocate general, who declared in December that national legislation must be be "proportionate to the objective of protecting information pluralism" and that Vivendi was not "effectively in a position to exert a considerable influence" on Mediaset.
Tags: italy
freeze
stake
unlawful
Amazon, Verizon to resume talks to buy stake in Vodafone Idea worth over USD 4 bln - report
2020-09-03 12:16:00| Telecompaper Headlines
(Telecompaper) Amazon and Verizon Communications are expected to soon resume talks to buy a large stake in Indian operator Vodafone Idea in a deal that could be worth over USD 4 billion, LiveMint reported, citing sources aware of the negotiations.
Vietnam readies offload of final SABECO stake with ThaiBev in pole position - report
2020-09-01 14:10:00| Daily beverage news and comment - from just-drinks.com
The Vietnamese government has completed the first step in the divestment of its remaining stake in brewer Saigon Beer Alcohol Beverage Corp (SABECO), according to state media.
Tags: report
final
position
vietnam
TIM approves sale of FiberCop stake to KKR and govt single network plan
2020-09-01 08:56:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) announced that its directors approved the sale of a minority stake in its last-mile fixed network to US investment fund KKR Infrastructure during a board meeting in which they also backed a government plan to set up a single high-speed broadband network company with rival Open Fiber. The agreement with KKR will see the US firm take a 37.5 percent stake in TIM's last mile fibre and copper grid company FiberCop for EUR 1.8 billion, on the basis of an enterprise value of EUR 7.7 billion and an equity value of EUR 4.7 billion. That deal is expected to be launching pad for the government's plan to merge FiberCop with Open Fiber to create a single network operator
Tags: plan
single
sale
network
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