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Ziggo rebuffs Liberty Global takeover bid

2013-10-16 02:00:00| Total Telecom industry news

U.S. cable giant already owns 28.5% of Dutch peer.

Tags: global bid liberty takeover

 

Vodafone's Kabel Deutschland takeover is pretty much done and dusted

2013-10-14 14:31:18| Telecom - Topix.net

The British telecoms giant has paid $7.7 billion for 76.57 percent of Kabel Deutschland's share capital, making it a much stronger rival to Deutsche Telekom.

Tags: deutschland pretty kabel takeover

 
 

Vodafone completes Kabel Deutschland takeover offer

2013-10-14 13:51:00| Telecompaper Headlines

(Telecompaper) Vodafone announced that the voluntary public takeover offer for German cable network operator Kabel Deutschland has been completed. Vodafone now owns 76.57 percent of Kabel Deutschland's share capital. Vodafone will now enter into a domination and profit and loss transfer agreement with Kabel Deutschland in line with German Stock Corporation Law. This allows Vodafone to consolidate the company's results, while also agreeing rights and payments for minority shareholders. Vodafone announced in June the takeover bid, valuing the German cable operator at EUR 7.7 billion plus EUR 3 billion in debt.

Tags: offer deutschland kabel vodafone

 

BlackBerry co-founders consider takeover bid

2013-10-11 09:00:00| Telecompaper Headlines

(Telecompaper) BlackBerry co-founders Mike Lazaridis and Doug Fregin are considering a joint bid to acquire the smartphone maker. They disclosed an 8 percent stake in the company in a SEC filing and said they have hired bank advisers to consider a full takeover of the group. BlackBerry agreed last month to a takeover by its largest shareholder Fairfax Financial for USD 4.7 billion. Fairfax holds around 10 percent in the company. However, the Fairfax bid still depends on due diligence and a final agreement. Goldman Sachs and Centerview Partners are advising the BlackBerry co-founders on their potential bid. Lazaridis was earlier reported to be in talks with private equity groups about mounting a takeover offer. He served as co-CEO of BlackBerry until early 2012 and stepped down from the company's board in May 2013.

Tags: bid blackberry takeover cofounders

 

Co-founders Lazaridis and Fregin looking at potential BlackBerry takeover bid

2013-10-10 23:09:43| Telecom - Topix.net

BlackBerry co-founders Mike Lazaridis and Douglas Fregin are looking at making a potential takeover bid for the troubled smartphone maker BlackBerry co-founders Mike Lazaridis and Douglas Fregin are looking at making a potential takeover bid for the troubled smartphone maker .

Tags: potential bid blackberry takeover

 

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