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Cogeco rejects sweetened takeover offer from Altice USA, Rogers

2020-10-19 08:58:00| Telecompaper Headlines

(Telecompaper) Altice USA and Rogers have increased their takeover bid for Cogeco, now valuing the company at CAD 11.1 billion, including shares owned by Rogers. The companies made a bid for the company in September that valued the company at CAD 10.3 billion. That offer was soundly rejected not one but twice, and this new one has been too. The Audet family, the controlling shareholders of Canadian operation Cogeco, said this was a "definitive refusal."

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Ford and Verisk collaborate to offer telematics data to insurers; usage-based insurance programs

2020-10-13 15:55:34| Green Car Congress

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Liberty Global announces results of Sunrise tender offer

2020-10-09 07:00:42| Digital TV News

Liberty Global (Nasdaq: LBTYA, LBTYB, LBTYK) has announced provisional results for the tender offer by UPC Schweiz to acquire Sunrise Communications Group (SIX: SRCG). Subject to confirmation, the minimum acceptance offer condition has been met.

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TalkTalk share price surges 16% on takeover offer by Toscafund

2020-10-08 10:30:44| BBC News | Business | UK Edition

The bid offer from investment firm Toscafund values the telecoms firm at 1.1bn.

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TalkTalk enters talks with Toscafund on takeover offer

2020-10-08 10:17:00| Telecompaper Headlines

(Telecompaper) UK telecoms provider TalkTalk has received a preliminary and non-binding proposal from funds advised by Toscafund Asset Management (TAM) regarding a possible cash offer for the company at GBP 0.97 per share. This comes after reports in the summer that TalkTalk previously rejected a takeover offer worth GBP 1.35 per share from Toscafund in 2019.

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