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Tag: exclusive talks
Oi to hold exclusive talks on TIM merger
2015-10-30 01:00:00| Total Telecom industry news
Brazilian operator agrees to seven-month exclusivity period with Letter One with a view to brokering TIM tie-up.
Tags: hold
exclusive
tim
talks
Reliance Communications in exclusive merger talks with Sistema
2015-06-15 02:00:00| Total Telecom industry news
Telcos negotiating stock swap deal that could pave the way for Russian firm's exit from India.
Tags: communications
exclusive
sistema
talks
Orange, Vivendi enter exclusive talks for 80% of Dailymotion
2015-04-07 20:51:00| Telecompaper Headlines
(Telecompaper) Orange and Vivendi have entered into exclusive negotiations regarding Vivendi's acquisition of 80 percent of video portal Dailymotion for EUR 217 million, corresponding to a EUR 265 million enterprise value for Dailymotion. Orange will keep 20 percent in the company. For Orange, which has accompanied the successful development of Dailymotion since 2011, this operation meets the group's ambition to bring Dailymotion together with a strategic content-focused partner that is capable of giving it the means to accelerate its growth and to turn it into one of the world's largest content distribution platforms. The operator will use its 20 percent holding to accelerate Dailymotion's international growth and to enhance its content offer. Orange will use the proceeds of this transaction to finance and reinforce its efforts in the digital ecosystem. For Vivendi, the acquisition of 80 percent of Dailymotion represents an important step forward in its effort to create a global group and French champion in the media and content industries.
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Exclusive: Cap Gemini, Carlyle held talks to buy Computer Sciences - sources
2015-02-25 04:45:48| IT Services - Topix.net
Technology consultant Computer Sciences Corp drew buyout interest from French consulting company Cap Gemini SA and private equity firm Carlyle Group LP, according to people familiar with the matter. Talks between CSC and the consortium of Cap Gemini and Carlyle started late last year but have since fizzled, the sources said on Tuesday.
Tags: buy
computer
held
sources
Hutchison in exclusive talks to buy O2 UK for GBP 10.25 bln
2015-01-23 08:49:00| Telecompaper Headlines
(Telecompaper) Hong Kong's Hutchison Whampoa, the parent company of mobile operator 3 UK, announced that it has entered into exclusive talks with Telefonica about the acquisition of mobile operator O2 UK for GBP 9.25 billion in cash to be paid at closing and a further GBP 1 billion after the combined cash flow of 3 UK and O2 UK reaches an agreed threshold. Hutchison said that the transaction remains subject to due diligence over O2, agreement on terms and corporate and regulatory approvals. Separately, Hutchison finance director Frank Sixt told the Financial Times that the acquisition would be completed around the middle of 2016, assuming regulatory approval. Hutchison thinks it can find GBP 3 billion to GBP 4 billion of synergies through the merger. Analysts estimate that at GBP 10 billion, the price reflects 7-8 times 2015 estimated earnings, in line with what BT is paying for EE.