Home › Tunisie Telecom picked as preferred bidder for Malta's Go
 

Keywords :   


Tunisie Telecom picked as preferred bidder for Malta's Go

2016-05-24 16:15:00| Telecompaper Headlines

(Telecompaper) Malta operator Go has selected Tunisie Telecom as the preferred bidder to take over the company. Batelco was the other known company that offered to buy Go. Go said in a statement that the Tunisian operator offered EUR 2.87 per share for the company. This is slightly above the company's recent trading range but below a high of EUR 3.60 per share in the past year. Go's largest shareholder is Dubai-based Emirates International Telecommunications, with a 60 percent stake. EIT is also a shareholder in Tunisie Telecom. The latter confirmed its offer for Go and said it expects significant synergies from combining with the Maltese operator. 

Tags: go preferred telecom picked

Category:Telecommunications

Latest from this category

All news
»
21.05Electricity grids creak as AI demands soar
21.05Children top up pocket money with extra work
21.05Five questions for ex-Post Office boss Paula Vennells
21.05Eastern North Pacific Tropical Weather Outlook
21.05Atlantic Tropical Weather Outlook
20.05Dantex USA appoints Rob Tolland VP of sales
20.05MDARD designates two bovine tuberculosis testing areas
20.05USDA moves to electronic identification tags
More »