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Cellnex in advanced talks to acquire EUR 9 bln Hutchison tower business - report

2020-10-26 13:58:00| Telecompaper Headlines

(Telecompaper) Spanish infrastructure operator Cellnex Telecom is in advanced negotiations to acquire CK Hutchison's European mobile tower business for around EUR 9 billion, according to unnamed sources cited by Bloomberg. Cellnex is already Europe's largest towers company and has recently agreed to acquire 7,000 Polish cites from France's Iliad Group to increase its portfolio to 73,000 towers in 9 countries by the end of H1 2021. CK Hutchison and Cellnex have been in talks since at least July, when Bloomberg reported that the Hong Kong-based conglomerate was considering the sale of a minority stake in its European towers unit.

Tags: business advanced report eur

Brexit: Michel Barnier heads to UK as trade talks restart

2020-10-22 11:58:54| BBC News | Business | UK Edition

The UK invited the EU chief negotiator back to the table after he said compromises were needed to get a deal.

Tags: trade michel heads talks

PATH FORWARD: Parker Drillings New CEO Talks OFS Opportunities, Optimism

2020-10-20 11:30:00| OGI

Sandy Esslemont, president and CEO of Parker Drilling, stopped by Hart Energy to discuss his new position with the international drilling service provider and outlook on the oil and gas industry as a whole.

Tags: forward opportunities path ceo

Pioneer Natural Resources Reportedly in Talks to Buy Parsley Energy

2020-10-20 11:10:00| OGI

Pioneer and Parsley, both Permian pure-plays, are discussing an all-stock deal and could be completed by the end of the month if talks dont fall apart, a report by the Wall Street Journal said citing people familiar with the matter.

Tags: buy resources natural energy