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Tag: takeover
Outcome of EGM capital increase vote for Sunrise takeover of UPC Switzerland still uncertain - report
2019-10-04 09:14:00| Telecompaper Headlines
(Telecompaper) The takeover of UPC Switzerland by Sunrise is still opposed by shareholders who own at least 30 percent of the voting rights, a Reuters survey shows. The investors would vote against the capital increase to provide the financial means to support the transaction worth CHF 6.3 billion.
Tags: report
increase
capital
vote
Freenet reaffirms decision to vote against capital increase to finance Sunrise UPC takeover
2019-10-01 16:11:00| Telecompaper Headlines
(Telecompaper) Despite the plan by Sunrise to reduce the size of the capital increase to finance the takeover, Freenet believes that the transaction leads "to value destruction for all existing Sunrise shareholders", and "regards the strategic rationale as fundamentally flawed".
Tags: increase
finance
capital
decision
Swiss competition authority approves UPC takeover by Sunrise
2019-09-26 09:16:00| Telecompaper Headlines
(Telecompaper) Swiss competition commission Weko announced that it has approved the takeover of UPC Switzerland by Sunrise. Weko conducted an in-depth examination of the proposed merger and concluded that it does not build or reinforce a dominant position in any of the markets analysed.
Tags: authority
competition
swiss
sunrise
McDermott International Gets Takeover Interest For Its Lummus Technology Unit
2019-09-20 14:57:58| OGI
McDermott International Inc. said on Sept. 20 it received takeover interests for the acquisition of all or part of its technology business Lummus, that could value the unit at over $2.5 billion.
Tags: international
technology
interest
unit
Watchdog threatens to refer JD Sports takeover
2019-09-19 09:01:33| BBC News | Business | UK Edition
A takeover of Footasylum may raise prices and hit choice, says the Competition and Markets Authority.
Tags: sports
refer
threatens
takeover
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