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Dimension Data makes KES 3.05 bln offer for AccessKenya
2013-05-06 15:59:00| Telecompaper Headlines
(Telecompaper) Dimension Data has offered to buy ISP Access Kenya for KES 14.00 per share, or a total KES 3.052 billion. The offer is a premium of 42 percent on the closing price of KES 9.85 the day before the announcement. AccessKenya shareholders will also be entitled to receive the final dividend of KES 0.30 per share for 2012. One of the first ISPs to launch in Kenya, in 2000, AccessKenya employs 340 staff and provides predominantly connectivity-based data services to about 5,000 corporate customers in Kenya. These customers include large multinationals, government agencies and NGOs, as well as a large cross-section from industries across the economy. AccessKenya owns and operates a 400-km Carrier Ethernet fibre network in Nairobi and Mombasa, which connects over 500 commercial buildings. The company also operates two wireless networks which further extends coverage to 10 other towns around Kenya. In addition to offering wholesale and enterprise services, AccessKenya also has a high-end consumer base. AccessKenya's IT services arm focuses on value-added IT services including IT support, offsite backup and disaster recovery, email and security services, as well as other managed IT services on the customer's LAN. In 2012, the company's turnover was KES 1.9 billion and EBITDA reached KES 700 million.
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Georgia-Pacific makes offer to acquire Buckeye
2013-04-27 13:21:33| Paper - Topix.net
Forest products giant Georgia-Pacific LLC has reached an agreement to buy all the outstanding shares of Buckeye Technologies Inc.
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Blackstone makes preliminary offer to buy Dell -- reports
2013-03-23 18:02:36| CNET News.com
Asset-management firm submitted preliminary deal proposal last night, to rival Michael Dell and Silver Lake's $24.4 billion offer, reports say. Under Silver Lake agreement, computer maker had till yesterday to look for competing offers. [Read more]
American Realty Capital Makes $9B Buyout Offer for Cole Credit Property Trust III
2013-03-20 15:14:00| National Real Estate Investor
American Realty Capital has submitted a $9 billion buyout offer to Cole Credit Property Trust III Inc.read more
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Ardagh makes $1.7bn binding offer for glass packaging manufacturer in US
2013-01-15 01:00:00| Packaging Gateway
Glass and metal packaging solutions provider Ardagh Group has made a binding offer worth 1.275bn ($1.7bn) to French-based Compagnie de Saint-Gobain, to purchase its glass packaging division, Verallia North America (VNA).
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