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EQT Mid Market sells Swedish operator IP-Only to EQT Infrastructure for SEK 18.25 billion
2019-06-11 12:24:00| Telecompaper Headlines
(Telecompaper) The Swedish private equity fund EQT Mid Market has announced the sale of Swedish fibre infrastructure provider IP-Only to EQT Infrastructure. The enterprise value amounts to SEK 18.25 billion (EUR 1.7 billion) and an earn-out of up to SEK 1.0 billion. The deal is expected to close in June 2019 and follows a competitive auction with both industry and financial buyers.
Tags: market
mid
operator
billion
HBC sells European joint venture and mulls take-private bid
2019-06-10 17:09:00| Daily apparel & textile news and comment - from just-style.com
Canadian retailer Hudson's Bay Company (HBC) has inked a deal to sell its remaining European real estate and divest the related retail joint (JV) for CAD1.5bn (US$1.13bn) amid the news a group of its shareholders wants to take the company private.
Tags: european
bid
joint
venture
TIM sells media unit Persidera to F2i for EUR 240 mln
2019-06-05 09:11:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) and publisher Gedi Gruppo Editoriale have announced a binding agreement to sell their stakes in broadcasting unit Persidera to Italian infrastructure fund F2i and EI Towers for a total of EUR 240 million. The deal to divest TIM's 70 percent stake and Gedi's 30 percent holding in the former Telecom Italia Media Broadcasting company remains subject to approval and involves the demerger of Persidera into two separate entities. It's expected to close in the final quarter of 2019.
TIM sells off its broadcasting sub Persidera for 240m
2019-06-05 02:00:00| Total Telecom industry news
Telecoms Italia has announced the sale of its broadcasting arm, Persidera, as the company looks to reduce its levels of debt. TIM is selling Persidera based on an enterprise value of €240 million ($270 million)…read more on TotalTele.com »
Tags: tim
broadcasting
sells
240m
Audi sells 856 e-tron EVs in US in May; 4.5% of total sales
2019-06-04 10:57:02| Green Car Congress
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