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Tag: takeover
EU 'misses the point' of 3 Ireland's O2 takeover
2014-05-29 02:00:00| Total Telecom industry news
Coleago Consulting doubts buyer will come forward for 3 spectrum, says Brussels wasted chance to encourage new business models.
Tags: point
o2
misses
takeover
EC clears 3 takeover of O2 Ireland with concessions
2014-05-28 13:39:00| Telecompaper Headlines
(Telecompaper) The European Commission has approved Hutchison Whampoa's acquisition of O2 Ireland, reducing the Irish mobile market to three network operators. Hutchison, which operates the 3 network in Ireland, agreed to provide network capacity to at least two MVNOs in the near term, as well as give them the option to acquire up to five blocks of spectrum from 2016. In addition, it will maintain O2's network roaming agreement with Eircom, including access to LTE. The concessions address the EC's concerns about reduced competition on the market and the high barriers to entry for any new players on the relatively small Irish market. The merger of O2 and 3 Ireland, the second and fourth largest players on the market, was first announced in June 2013. Hutchison will pay Telefonica EUR 850 million for O2. The company said the deal will give it the strength to challenge Vodafone for the number one position on the market.
Tags: with
ireland
concessions
takeover
EU OKs 3 Ireland's O2 takeover
2014-05-28 02:00:00| Total Telecom industry news
Irish mobile operator agrees to provide capacity to MVNOs, sell spectrum and maintain network-sharing deal to allay competition concerns.
Tags: o2
takeover
oks
irelands
Atos announces EUR 620 mln takeover bid for Bull
2014-05-26 08:44:00| Telecompaper Headlines
(Telecompaper) French-based international IT services company Atos and enterprise data group Bull have announced the intended public offer in cash by Atos for all of Bull's issued and outstanding shares. Atos intends to create a big data & cybersecurity entity under the Bull brand with revenue of about EUR 500 million. Both Atos and Bull's boards of directors have given their support for the transaction. Crescendo Industries and Pothar Investments, which own 24.2 percent of Bull, have committed to tender their shares to the Atos bid. The offer is set at EUR 4.90 per Bull share, a 22 percent premium over Bull's closing price of EUR 4.01 on 23 May, the last trading day before the announcement. The offer will target Bull's outstanding OCEANE convertible bonds at EUR 5.55 each. The offer values Bull at approximately EUR 620 million. The operation is intended to create Europe's biggest player in cloud operations and a leading cybersecurity solutions provider and release EUR 80 million in annual cost synergies after two years.
Isis Pharmaceuticals: - The Best Pipeline in Biotech,' Potential Takeover Target
2014-05-23 21:19:24| Biotech - Topix.net
Shares of Isis Pharmaceuticals have gained 9% to $27.20 at 1:26 p.m. today, easily besting similar biotech companies like Alnylam Pharmaceuticals , which has risen 3.8% to $57.67, and Sarepta Therapeutics , which has advanced 4.1% to $33.88.
Tags: potential
target
biotech
pipeline
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