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EU calls for competition review of Apple's takeover of Shazam

2018-02-07 08:35:00| Telecompaper Headlines

(Telecompaper) The European Commission will ask Apple to file for competition approval for its acquisition of Shazam. The Commission said it considers the transaction may adversely affect competition in the EU. 

Tags: of review calls competition

 

Broadcom ups Qualcomm take-over bid to $121 billion

2018-02-05 01:00:00| Total Telecom industry news

International telecoms conglomerate Broadcom has increased its offer to purchase Qualcomm to a reported $121 billion. Under the new proposal, Qualcomm's shareholders would receive $60 in cash and $22 in Broadcom stock for every share they own…read more on TotalTele.com »

Tags: ups bid billion takeover

 
 

UK competition authority opposes Fox takeover of Sky on media plurality concerns

2018-01-23 09:27:00| Telecompaper Headlines

(Telecompaper) The UK's Competition and Markets Authority has opposed 21st Century Fox's proposed bid to acquire all of pay-TV provider Sky on concerns it would give the Murdoch family too large a voice in the UK news media. However, if Disney's takeover of much of Fox goes ahead, the concerns over media plurality would fall away, the regulator said. 

Tags: media authority concerns competition

 

Vodafone confirms takeover of Cyta Hellas for EUR 118 million

2018-01-23 08:31:00| Telecompaper Headlines

(Telecompaper) Cyprus operator Cyta announced that Vodafone won the auction to acquire 100 percent of its Greek subsidiary, Cyta Hellas. Vodafone confirmed an agreement to buy the company for an enterprise value of EUR 118 million. The takeover still needs the approval of Greek regulator EETT. 

Tags: eur million vodafone confirms

 

Qualcomm wins conditional approval of NXP takeover from EC, KFTC

2018-01-18 16:45:00| Telecompaper Headlines

(Telecompaper) Qualcomm announced that it's received regulatory clearance from the European Commission and the Korea Fair Trade Commission for its proposed takeover of NXP Semiconductors. The competition regulators cleared the deal after Qualcomm agreed to separate some of NFC activities from the business. Qualcomm still needs approval in China, as well as backing from NXP shareholders, to complete the takeover first announced over a year ago. 

Tags: approval wins conditional takeover

 

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