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Zegona acquires Spain's Telecable for EUR 640 mln

2015-07-27 10:23:00| Telecompaper Headlines

(Telecompaper) Zegona, an investment vehicle set up by former Virgin Media finance director Eamonn O'Hare, has reached an agreement to acquire Spanish regional broadband operator Telecable from Carlyle Group and Liberbank for an enterprise value of EUR 640 million. In a statement Zegona said it expected to close the deal by mid-August and that it would fund the acquisition with a combination of GBP 251 million of new equity, backed by institutional investors, funds from its recent float and a new debt facility arranged by Goldman Sachs. The deal for Telecable, present in the northern Spanish region of Asturias, comes just a few days after Euskaltel, operating in the Basque Country, agreed to purchase rival cable provider R, operating in Galicia, for EUR 1.16 billion.

Tags: eur acquires mln spains

 

Agilex Fragrances Acquires Airabella\n

2015-07-27 07:00:00| Happi Breaking News

To strengthen position as middle market provider.

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KKR And Borealis Maritime Joint Venture Acquires Large Fleet From Commerzbank

2015-07-27 04:26:35| chemicalonline Home Page

KKR and Borealis Maritime recently announced the $254.5M acquisition of Hanseatic Ship Asset Management GmbH, a 100 percent owned subsidiary of Commerzbank AG controlling a modern fleet of 18 container and dry cargo vessels, through a joint venture vehicle established by the two firms

Tags: large joint venture maritime

 

Nichols sees H1 net profits rise, acquires Feel Good

2015-07-24 18:36:00| Daily beverage news and comment - from just-drinks.com

Vimto owner Nichols has posted a healthy lift in half-year profits on flat sales, while announcing its purchase of the Feel Good soft drinks brand.

Tags: net good feel rise

 

Univar Acquires Chemical Associates

2015-07-24 12:31:06| Industrial Newsroom - All News for Today

DOWNERS GROVE, Ill. and COPLEY, Ohio  Univar Inc. (NYSE: UNVR) ("Univar") announced today that its wholly-owned subsidiary, Univar USA Inc. ("Univar USA"), has acquired the assets of Chemical Associates, Inc. Financial terms of the acquisition were not disclosed. Founded in 1981, Chemical Associates is a marketer...

Tags: associates chemical acquires univar

 

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