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Cogeco rejects sweetened takeover offer from Altice USA, Rogers

2020-10-19 08:58:00| Telecompaper Headlines

(Telecompaper) Altice USA and Rogers have increased their takeover bid for Cogeco, now valuing the company at CAD 11.1 billion, including shares owned by Rogers. The companies made a bid for the company in September that valued the company at CAD 10.3 billion. That offer was soundly rejected not one but twice, and this new one has been too. The Audet family, the controlling shareholders of Canadian operation Cogeco, said this was a "definitive refusal."

Tags: usa offer rogers rejects

 

Billionaire founder Drahi makes 2.5bn bid to take Altice Europe private

2020-09-14 02:00:00| Total Telecom industry news

On Friday, Patrick Drahi has revealed a €2.5 billion bid to take Altice Europe private, saying that the move would represent a “new and exciting chapter for Altice Europe and our stakeholders”.   The bid comes via Drahi&rsquo…read more on TotalTele.com »

Tags: private makes europe bid

 
 

Altice Europe to go private after Drahi makes buy-out offer

2020-09-11 09:04:00| Telecompaper Headlines

(Telecompaper) Patrick Drahi has announced an offer to take Altice Europe private. His takeover bid values the outstanding minority shares at EUR 2.5 billion and would see the company de-listed from the Amsterdam stock market. 

Tags: private offer makes europe

 

Cogeco, Audet family, reject acquisition bid from Altice USA, Rogers

2020-09-03 08:55:00| Telecompaper Headlines

(Telecompaper) Altice USA made its CAD 10.3 billion takeover offer on 2 September. Under the proposed deal, Altice USA would have bought Atlantic Broadband, the ninth-largest cable company in the US, which Rogers would have acquired Cogeco's Canadian assets.

Tags: family usa bid acquisition

 

Cogeco rejects takeover proposal from Altice USA and Rogers

2020-09-03 01:30:15| Digital TV News

Cogeco (TSX: CGO) and Cogeco Communications (TSX: CCA) have announced that the independent members of their boards have rejected the unsolicited, non-binding takeover proposal from Altice USA and Rogers Communications.

Tags: usa proposal rogers rejects

 

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