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CityFibre accepts GBP 537.8 mln takeover offer from Antin consortium

2018-04-24 09:49:00| Telecompaper Headlines

(Telecompaper) UK wholesale operator CityFibre said it has accepted an acquisition that values the company at around GBP 537.8 million, or GBP 0.81 per share in cash. The offer was made by Bidco, a newly incorporated 50:50 consortium made up from Antin and WSIP, itself including West Street Global Infrastructure Partners and Broad Street Principal Investments UK. CityFibre said the deal represents a premium of almost 93 percent from the closing price of GBP 0.42 per share on 23 April, the last day before the bid announcement. 

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CityFibre receives 538 million takeover bid

2018-04-24 02:00:00| Total Telecom industry news

  UK full fibre broadband specialists CityFibre has been the subject of a £538 million acquisition bid from an international consortium…read more on TotalTele.com »

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Government could probe Express and Star newspaper takeover

2018-04-23 21:40:33| BBC News | Business | UK Edition

Government says it is "minded" to investigate Trinity Mirror deal to buy the Express and Star newspapers.

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Beam Suntory completes ABV Brands takeover in South Africa

2018-04-23 12:17:00| Daily beverage news and comment - from just-drinks.com

Beam Suntory has taken full control of its South African distributor, ABV Brands, two years after buying a 50% stake.

Tags: south africa brands beam

 

Bullring owner Hammerson pulls back from Intu takeover

2018-04-18 09:58:51| BBC News | Business | UK Edition

Bullring shopping centre owner Hammerson tells shareholders it no longer wants to buy rival Intu.

Tags: back owner pulls takeover

 

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