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Sports Direct mulls GBP61.4m Debenhams takeover bid

2019-03-27 14:00:00| Daily apparel & textile news and comment - from just-style.com

Shares in Debenhams remained up by more than 54% this afternoon (27 March) after Mike Ashley-owned Sports Direct International Plc said it is considering a "possible" offer of GBP61.4m (US$81.1m) to take full control of the struggling British department store chain.

Tags: sports direct bid takeover

 

Inmarsat accepts $3.4bn takeover bid

2019-03-25 01:00:00| Total Telecom industry news

UK satellite and telecommunications firm Inmarsat has accepted a takeover bid of $3.4 billion from an international consortium, according to reports in the UK press. The Guardian reported that a consortium headed up by London based Apax…read more on TotalTele.com »

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EU to object to Vodafone takeover of Unitymedia - report

2019-03-21 12:05:00| Telecompaper Headlines

(Telecompaper) The European Commission is set to block Vodafone's proposed takeover of German cable operator Unitymedia from Liberty Global due to competition concerns, two people familiar with the matter told Reuters. The Commission will soon send a statement of objections on the deal to the companies, according to the report.

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3 Group grows FY revenues 11% thanks to Italian takeover, customer base declines

2019-03-21 10:41:00| Telecompaper Headlines

(Telecompaper) 3 Group reported higher results for 2018, helped by its takeover of full control of Italian operator Wind Tre. However, the increased competition in the Italian market from the arrival of Iliad meant a decline in 3 Group's customer base, to 51.0 million customers at the end of 2018 from 52.3 million a year earlier. 

Tags: group customer base italian

 

Cellnex eyeing takeover of France's TDF for EUR 3 bln - report

2019-03-21 09:34:00| Telecompaper Headlines

(Telecompaper) Spanish infrastructure operator Cellnex Telecom is planning to consolidate its leadership of the European towers market by acquiring a 60 percent controlling stake in France's TDF Infraestructure for around EUR 3 billion, according to unnamed financial sources cited by business daily Expansion. Cellnex is already present in France through its various deals with Bouygues Telecom and will be managing around 5,000 sites including new tower builds by 2022. TDF currently has a portfolio of some 13,900 sites, half of which are broadcasting towers and the rest mobile towers.

Tags: report eur frances takeover

 

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