je.st
news
Tag: tele2
VimpelCom and MTS Would Jointly Bid for Tele2 Russia
2013-03-29 20:59:29| Appliances - Topix.net
Keep track of the stocks that matter to you. Help yourself with the Fool's FREE and easy new watchlist service today.
MTS, Vimpelcom make offer for Tele2 Russia
2013-03-28 21:06:00| Telecompaper Headlines
(Telecompaper) Russian mobile operators MTS and VimpelCom announced that they have submitted a joint letter to Tele2 chairman Mike Parton and CEO Mats Granryd, expressing their interest in the acquisition of Tele2 Russia. In the letter, MTS and Vimpelcom indicate they would be prepared jointly to acquire 100 percent of Tele2 Russia for USD 4.0-4.25 billion, including USD 1.15 billion of net debt. This represents a premium of up to 30 percent for Tele2, and its shareholders relative to the equity value of the recently announced offer from VTB Capital.
Fridman to Trump VTB's Bid for Tele2 Russia for Up to $4 Billion
2013-03-28 08:48:17| Telecom - Topix.net
Billionaire Mikhail Fridman 's Alfa Group said it's ready to offer as much as $4 billion for Tele2 AB 's Russian mobile-phone unit to trump a bid by state- controlled lender VTB Group.
Tele2 to sell Russian operations for USD 2.4 bln
2013-03-28 08:43:00| Telecompaper Headlines
(Telecompaper) Tele2 has agreed to sell its mobile operations in Russia to the bank VTB for USD 2.4 billion plus USD 1.15 billion in net debt. The deal values Tele2 Russia, the fourth-largest mobile operator in Russia with almost 23 million customers, at 4.9 times EBITDA for 2012. Tele2 said it expects a capital gain of SEK 15.6 billion on the sale, of which SEK 12.5 billion or SEK 28 per share will be distributed to shareholders. The remainder will be re-invested in its business, with a renewed focus on the markets Sweden, the Netherlands, Norway and Kazakhstan. VTB said it sees the takeover as a good financial investment, and it will seek financial and strategic partners to further develop the company. Bloomberg reports that Russian telecoms investor Alfa, which controls rival mobile operator Vimpelcom, has already expressed interest in taking over Tele2 Russia for USD 3.6-4.0 billion.
Tags: sell
operations
russian
usd
Fridman to Trump VTB's Bid for Tele2 Russia for Up to $4 Billion
2013-03-28 07:53:22| Appliances - Topix.net
Billionaire Mikhail Fridman 's Alfa Group said it's ready to offer as much as $4 billion for Tele2 AB 's Russian mobile-phone unit to trump a bid by state- controlled lender VTB Group.
Sites : [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] next »