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Facebook to acquire stake in India's Jio Platforms for USD 5.7 bln

2020-04-22 08:57:00| Telecompaper Headlines

(Telecompaper) Facebook has agreed to invest INR 435.7 billion (approximately USD 5.7 billion) into India's Jio Platforms, the holding company of mobile operator Reliance Jio Infocomm. This investment gives Jio Platforms an enterprise value of INR 4.6 trillion (approximately USD 66 billion). Facebook's investment will translate into a 9.99 percent equity stake in Jio Platforms on a fully diluted basis. 

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Cyfrowy Polsat to acquire 22% stake in Asseco Poland

2019-12-20 08:51:00| Telecompaper Headlines

(Telecompaper) Polish telecommunications group Cyfrowy Polsat plans to acquire more than 18.2 million shares in the IT company Asseco Poland, equal to a 21.95 percent stake. At PLN 65 per share, the total purchase price is almost PLM 1.2 billion.

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Telenor to acquire majority stake in Finnish telecom operator DNA

2019-04-09 08:30:38| Digital TV News

Telenor has agreed to acquire 54% of the shares in the Finnish telecom operator DNA for 20.90 per share in cash, in total 1.5 billion. With the transaction, Telenor gets a strong position across fixed and mobile in an attractive and growing telecom market.

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Daimler Trucks to acquire majority stake in Torc Robotics; SAE Level 4 trucks for US roads

2019-03-30 11:57:07| Green Car Congress

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Liberty Latin America to acquire controlling stake in UTS

2019-03-26 19:10:43| Digital TV News

Liberty Latin America (NASDAQ: LILA, LILAK, OTC Link: LILAB) has agreed to acquire 87.5% of United Telecommunication Services (UTS), which provides fixed and mobile services to the island nations of Curaçao, St. Maarten, St. Martin, Bonaire, St. Barths, St. Eustatius and Saba.

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