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Comcast makes GBP 22 billion formal bid for Sky
2018-04-25 13:07:00| Telecompaper Headlines
(Telecompaper) Comcast has announced a formal takeover offer for UK broadcaster Sky at GBP 12.50 in cash per share, valuing the company at GBP 22 billion (USD 31 billion), in line with its preliminary approach in February. This represents a 16 percent premium to the offer from 21st Century Fox. As a result, Sky is withdrawing its recommendation of the Fox offer and terminating their co-operation agreement.
Infracapital makes 270m bid for Gigaclear
2018-03-12 01:00:00| Total Telecom industry news
Investment firm Infracapital has made a £270 million bid to acquire rural broadband provider, Gigaclear, according to reports in the press…read more on TotalTele.com »
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Atos makes EUR 4.3 bln bid for Gemalto
2017-12-12 08:30:00| Telecompaper Headlines
(Telecompaper) Gemalto said it has received an unsolicited takeover bid from Atos worth EUR 46 per share in cash, which it will carefully review and consider. The offer was submitted on 28 November and will be valid until 15 December. Atos put the total bid price at EUR 4.3 billion, saying this represents a premium of 36 percent over Gemalto shares at close on 11 December and 42 percent over the company's one-month weighted average price. The company noted that the buy would be entirely financed through existing cash resources and fully committed external debt.
Softbank makes discounted bid to buy Uber
2017-11-28 07:41:10| BBC News | Business | UK Edition
The Japanese conglomerate's potential investment values Uber at 30% less than its most recent valuation.
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Broadcom makes $103bn bid for Qualcomm
2017-11-06 01:00:00| Total Telecom industry news
Broadcom on Monday launched a $103 billion unsolicited bid for rival chip maker Qualcomm, in what could be the largest tech merger in history. The offer comprises $60 cash and $10 of Broadcom stock per Qualcomm share, which represents a 28% premium on the latter's closing price on 2 November, the last trading day before rumours of the bid emerged. Broadcom's proposed transaction is valued at $130 billion on a pro forma basis…read more on TotalTele.com »
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