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Tag: ireland
Telefonica sells Irish unit O2 to 3 Ireland for EUR 850 mln
2013-06-24 10:06:00| Telecompaper Headlines
(Telecompaper) Telefonica has agreed to sell its operating business in Ireland to 3 Ireland, owned by Hutchison Whampoa. The total consideration for the acquisition is EUR 850 million, with EUR 780 million in cash payable on completion and a further additional deferred payment of EUR 70 million dependent upon achievement of agreed financial objectives. The takeover of its bigger rival takes 3 to the number two position on the Irish market, with an estimated market share of 37.5 percent, with over 2 million active customers. The combined operators had pro forma revenues of EUR 803 million in 2012, compared to just EUR 174 million for 3 alone. 3 said the deal will give it the strength to challenge Vodafone for the number one position on the market.
3 Ireland nears O2 acquisition for EUR 700 mln report
2013-06-23 09:43:00| Telecompaper Headlines
(Telecompaper) Hutchison Whampoa, owner of 3 Ireland, is in advanced talks to acquire Telefonica's Irish unit O2, Bloomberg reports, citing unnamed sources close to the negotiations. According to the same sources, an agreement could be reached even before rival bidders are expected to place their bids on 5 July. Telefonica is keen on closing a deal before it publishes interim results at the end of next month, the sources added.
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acquisition
Product Launch - IRELAND: Teeling Whiskey Co's Silver Reserve 21 Year Old Single Malt
2013-06-17 18:44:00| Daily beverage news and comment - from just-drinks.com
Teeling Whiskey Co's Silver Reserve 21 Year Old Single Malt
Tags: year
product
single
silver
IRELAND: Diageo still "committed" despite ad ban threat
2013-06-17 16:06:00| Daily beverage news and comment - from just-drinks.com
Diageo has clarified that its remains "committed to Ireland" after its divisional boss warned it would cut investment if an alcohol sponsorship and advertising ban went ahead.
Tags: ireland
committed
ban
threat
IRELAND: Monsoon Accessorize exits court rescue process
2013-06-17 13:53:00| Daily apparel & textile news and comment - from just-style.com
Apparel and accessories retailer Monsoon Accessorize Ireland has excited examinership - a process in Irish law where court protection is obtained to assist the survival of a company - in a move that safeguards 200 jobs.
Tags: process
court
ireland
rescue
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