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Telit receives all-share takeover bid from U-blox
2020-11-20 09:41:00| Telecompaper Headlines
(Telecompaper) Telit Communications has announced the receipt of a preliminary all-share bid approach from Swiss company U-blox. Under the terms of the Proposal, Telit shareholders would receive U-blox shares with a value of GBP 2.50 per Telit share, which would result in Telit shareholders owning approximately 53 percent in the combined company, said Telit in a brief statement. "The board of Telit is considering the proposal and a further announcement will be made when appropriate," said Telit, adding that "the proposal assumes any such merger would be structured as an offer for Telit by U-blox."
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Agile Content makes recommended takeover bid for Edgeware worth SEK 291 mln
2020-10-30 09:32:00| Telecompaper Headlines
(Telecompaper) Swedish content delivery service provider Edgeware has announced a takeover offer from Spain's Agile Content and said its board unanimously recommends its acceptance. Agile Content is inviting Edgeware shareholders to tender all their holdings for SEK 9.70 cash per share, corresponding to a total of approximately SEK 291 million.
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EQT considering takeover bid for KPN - report
2020-10-12 08:43:00| Telecompaper Headlines
(Telecompaper) The private equity firm EQT is considering a takeover of Dutch operator KPN, in what would be its largest-ever acquisition, people with knowledge of the matter told Bloomberg. EQT is in the early stages of discussing the feasibility of a deal with potential advisers. The company is already present on the Dutch market through the operator Delta Fiber.
TalkTalk takeover? Tosafund makes 1.1bn bid
2020-10-08 02:00:00| Total Telecom industry news
TalkTalk have today confirmed that a £1.1 billion takeover proposal has been made by London-based hedge fund, Toscafund Asset Management. The deal offers to buy the business in full for 97 pence per share, a 16% premium on TalkTalk’s closing share price on Wednesday. “The board has considered the terms of the proposal and has agreed to progress the proposal further with TAM (Toscafund Asset Management) along with taking advice from the company&rsquo…read more on TotalTele.com »
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TalkTalk takeover? Toscafund makes 1.1bn bid
2020-10-08 02:00:00| Total Telecom industry news
TalkTalk have today confirmed that a £1.1 billion takeover proposal has been made by London-based hedge fund, Toscafund Asset Management. The deal offers to buy the business in full for 97 pence per share, a 16% premium on TalkTalk’s closing share price on Wednesday. “The board has considered the terms of the proposal and has agreed to progress the proposal further with TAM (Toscafund Asset Management) along with taking advice from the company&rsquo…read more on TotalTele.com »
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