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Tag: newco
Telefonica sells 60% of Chile fibre network to KKR for USD 1 bln, creates wholesale newco
2021-02-23 09:06:00| Telecompaper Headlines
(Telecompaper) Telefonica has reached a deal to sell a majority 60 percent stake in its Chilean fibre-optic network to global investment firm KKR for around USD 1 billion, confirming earlier reports...
Tags: network
usd
chile
wholesale
Telecom Italia preparing to set up fixed line network newco with KKR - CEO
2020-03-12 09:15:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) is preparing to set up a newco called 'FiberCop' for its fibre and copper last-mile network and sell 40 percent of it to private equity firm KKR, according to CEO Luigi Gubitosi. Speaking after the publication of TIM's full-year results, Gubitosi said the company expects to make decisive progress this year on plans to provide Italy with a nationwide ultra-fast broadband network and confirmed that separate discussions are underway with KKR and wholesale rival Open Fiber, leaving the door open to a "possible convergence" at the end of the process.
Naspers to spin off internet brands, list NewCo on Euronext Amsterdam
2019-03-25 09:53:00| Telecompaper Headlines
(Telecompaper) Naspers has announced its intention to list NewCo, a new global consumer internet group, on Euronext Amsterdam. NewCo will also have a secondary, inward listing on the Johannesburg Stock Exchange (JSE) in South Africa. The new group will bring together all of Naspers' internet interests outside of South Africa, including its companies and investments in the online classifieds, food delivery, payments, retail, travel, education, and social and internet platforms sectors, among others. Brands include Tencent, mail.ru, OLX, Avito, letgo, PayU, iFood, Swiggy, DeliveryHero, Udemy, eMAG and MakeMyTrip.
Tags: list
internet
brands
amsterdam
Hearts cannot rule out 'newco' route
2013-07-06 16:59:24| BBC News | Business | UK Edition
Hearts joint administrator Trevor Birch says the club cannot rule out the "last resort" of entering a "newco scenario".
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