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Ingram Micro makes takeover offer for Anovo

2014-12-01 07:48:00| Telecompaper Headlines

(Telecompaper) Ingram Micro has made a binding offer for Anovo, a phone and electronic device after-sales company based in Paris. Anovo provides services across Europe and Latin America. Ingram Micro expects the deal to strengthen its relationship with global telecom operators and OEMs. The transaction is expected to close early next year, with Anovo expected to contribute over USD 300 million in annual revenue and be modestly accretive to Ingram Micro's non-GAAP diluted earnings per share. The acquisition is subject to the usual closing conditions, including consultation of the ANOVO works council and approval of the EU competition authorities. Both companies will, for the moment, continue to operate as separate entities. No further details were disclosed.

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Tiger Airways shares jump after SIA's takeover bid gets regulatory nod

2014-12-01 04:23:54| Airlines - Topix.net

A Tiger Airways plane is towed on the runway past Singapore Airlines and Tiger Airways planes sitting on the tarmac at Changi Airport in Singapore. -- PHOTO: REUTERS Tiger Airways Holdings was one of the biggest gainers on the Singapore stock market when trading opened for the week on Monday morning after its takeover by Singapore Airlines was cleared for takeoff by the competition watchdog on Friday evening.

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France OKs Numericable's Virgin takeover

2014-11-27 01:00:00| Total Telecom industry news

Numericable's commitment to opening up its cable network will suffice to safeguard competition, regulatory body rules.

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Blu-Dot Beverages set for private equity takeover

2014-11-26 13:21:00| Daily beverage news and comment - from just-drinks.com

A private-equity firm to set to acquire Canadian RTD tea maker Blu-Dot for an undisclosed amount.

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EE owners confirm takeover talks with BT

2014-11-26 10:55:46| Telecom - Topix.net

EE's German and French owners confirmed on Wednesday they were in talks to sell Britain's biggest mobile network operator to BT as part of a wider review of its options. Fixed lone operator BT said on Monday it was in talks with both Telefonica's O2 and a rival operator about buying a mobile business.

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