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Tag: takeover
Saudi Telecom in talks on Turk Telekom takeover
2017-08-29 02:00:00| Total Telecom industry news
Saudi Telecom Company (STC) has emerged as the most likely player to acquire a majority stake in Turk Telekom, but the Turkish government could also step in to take control of the operator…read more on TotalTele.com »
Tags: telecom
saudi
talks
telekom
Vocus ends takeover talks with KKR, as FY profit hit by AUD 1.5 bln impairment
2017-08-21 09:23:00| Telecompaper Headlines
(Telecompaper) All takeover discussions between Australian operator Vocus and KKR have ceased, with the US investment house saying it is unable to come out with terms acceptable to the Vocus board. KKR made a bid in June for the company at AUD 3.50 per share. Vocus then received another takeover offer from private equity group Affinity, in July. Giving its preference to KKR, Vocus provided the investment firm with the opportunity to conduct due diligence on a non-exclusive basis but the parties were unable to reach a mutually acceptable deal.
New Belgium Brewing Co leads consortium in Magnolia Brewing takeover
2017-08-11 12:52:00| Daily beverage news and comment - from just-drinks.com
New Belgium Brewing Co has become the majority owner of Magnolia Brewing after it led a consortium of industry players to purchase the bankrupted brewery.
Tags: leads
belgium
consortium
magnolia
Houston district faces state takeover if schools don't improve
2017-08-10 21:11:18| American School & University
Texas Education Agency has identified 13 schools in Houston that need to improve their performance
Tags: state
improve
district
schools
Crown Castle confirms USD 7.1 billion takeover of Lightower
2017-07-19 09:07:00| Telecompaper Headlines
(Telecompaper) US towers operator Crown Castle confirmed the acquisition of fibre network operator Lightower for USD 7.1 billion. The price agreed with Lightower's owners Berkshire Partners, Pamlico Capital and other investors is worth around 13.5x the expected adjusted EBITDA contribution from Lightower in the first year of ownership. Lightower owns or has rights to 32,000 route miles of fibre in the Northeast US, including major metro areas such as Boston, New York and Philadelphia. The acquisition adds to a string of takeovers by Crown Castle in recent months to boost its backhaul network and will give the company a total 60,000 route miles of fibre at closing.
Tags: usd
billion
crown
castle
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