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Sunrise cancels EGM as no majority on capital increase for UPC takeover

2019-10-22 08:54:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise said it cancelled the extraordinary general meeting scheduled for 23 October to authorize the capital increase of CHF 2.8 billion to finance the acquisition of UPC Switzerland.  

Tags: increase capital majority sunrise

 

Bison Oil & Gas Lands $155 Million Injection Of Strategic Capital

2019-10-16 22:30:00| OGI

PE-backed Bison Oil & Gas is set to accelerate development of its D-J Basin operations through a new loan provided by global alternative investment firm Värde Partners.

Tags: capital million gas oil

 
 

ND Paper Announces Strategic Capital Equipment Upgrades

2019-10-14 11:00:00| Waste Age

The investment will improve the asset quality of the companys mills in Maine and Wisconsin in the coming year.

Tags: paper equipment capital strategic

 

Liberty Global to take part in capital increase to finance Sunrise takeover of UPC Switzerland

2019-10-14 09:31:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise announced that Liberty Global will invest up to CHF 500 million in a combination of tradable rights and subsequent subscription of newly issued shares in the capital increase to finance the acquisition of UPC Switzerland. This was a demand of some Sunrise shareholders, who found the price of the takeover too high, and called for Liberty Global to share in the risk of merging the two operators. 

Tags: part increase global finance

 

Proxy adviser ISS recommends rejecting Sunrise capital increase to finance UPC purchase - report

2019-10-10 16:08:00| Telecompaper Headlines

(Telecompaper) Proxy adviser ISS is recommending that shareholders of Sunrise reject the proposal for a capital increase to finance the takeover of UPC Switzerland at the next Extraordinary General Meeting on 23 October, Reuters reports, citing a report sent to clients.   

Tags: report increase purchase finance

 

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