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Tag: bln
Digital Realty expands to Europe with Interxion takeover for USD 8.4 bln
2019-10-30 08:48:00| Telecompaper Headlines
(Telecompaper) US-based data centre operator Digital Realty has agreed to acquire European rival Interxion for USD 8.4 billion. The deal gives the group an immediate European footprint, with Interxion's 53 data centres in 11 countries adding to Digital Realty's recently opened sites in Dublin and London.
Tags: digital
europe
usd
realty
PPF Group to acquire Central European Media Enterprises for USD 2.1 bln
2019-10-28 08:44:00| Telecompaper Headlines
(Telecompaper) Czechia's PPF Group is expanding in the media sector with an agreement to acquire Central European Media Enterprises for USD 2.1 billion. The company will pay USD 4.58 per share for the broadcast group, a 32 percent premium to CME's share price in March, when it announced it was looking for buyers.
Tags: group
media
central
enterprises
SK Telecom, Kakao strike KRW 300 bln stock swap deal
2019-10-28 07:32:00| Telecompaper Headlines
(Telecompaper) South Korean operator SK Telecom and Korean mobile internet group Kakao have signed a partnership agreement including a KRW 300 billion stock swap transaction. SK Telecom will purchase 2.18 million new shares of Kakao with its treasury sharers (1.27 million shares). Following the transaction, SK Telecom will own a 2.5 percent stake in Kakao, and Kakao will hold 1.6 percent of SK Telecom.
Tags: stock
deal
strike
telecom
Netflix planning offering of USD 2 bln in notes
2019-10-21 16:03:00| Telecompaper Headlines
(Telecompaper) Netflix is planning an offering of USD 2 billion worth of dollar and euro denominated senior unsecured notes, in two series. Netflix will put the money raised towards general corporate purposes. These may include content acquisitions, production and development, capex, investments, working capital and potential acquisitions and strategic transactions.
Tags: notes
planning
offering
usd
AT&T sells Puerto Rico, USVI assets to Liberty Latin America for USD 1.95 bln
2019-10-09 16:46:00| Telecompaper Headlines
(Telecompaper) AT&T has agreed to sell its operations in Puerto Rico and the US Virgin Islands to Liberty Latin America for USD 1.95 billion in cash, confirming earlier reports. In a statement, the US operator said it expects the deal to close within 6 to 9 months following review by the FCC and the Department of Justice. It added that the sale includes network assets, leases and real estate, 1.1 million mobile subscribers and contracts. A total of 1,300 current AT&T employees will move over to Liberty Latin America at the close of the deal.
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