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China's Nanshan buys 20% Virgin Australia stake

2016-06-10 02:29:11| BBC News | Business | UK Edition

Chinese group Nanshan buys a 20% stake in Virgin Australia from Air New Zealand.

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Sky buys Vodafone NZ for NZD 3.4 bln

2016-06-09 08:48:00| Telecompaper Headlines

(Telecompaper) Sky and Vodafone NZ have agreed to merge their operations in New Zealand. Under the terms of the deal, Sky will acquire all of the shares in Vodafone NZ for NZD 3.437 million in cash and shares. The cash consideration for Vodafone will amount to NZD 1.25 billion, to be funded through new debt. Sky will also issue new shares, giving Vodafone a 51 percent interest in the combined group. The new Sky shares will be issued at NZD 5.40 per share. The new company will be led by Russell Stanners, currently CEO of Vodafone NZ. Sky chairman Peter Macourt will become chairman of the board. The board of Sky fully supports the proposed transaction and unanimously recommends shareholders to vote in favour.

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Sky buys Vodafone NZ in NZ$3.44 billion deal

2016-06-09 02:00:00| Total Telecom industry news

Multiplay trend continues as mobile, fixed broadband operator merges with pay TV provider; incumbent Spark insists it faces no increased competitive challenge.

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Com Hem buys Boxer Sweden from Teracom

2016-06-08 11:51:00| Telecompaper Headlines

(Telecompaper) Cable network operator Com Hem said it has agreed to acquire Boxer Sweden from Teracom for SEK 1.33 billion, as part of its expansion into serving detached homes. Com Hem said its detached house trials have been successful. A significant roll-out to fibre-based networks beyond the coax footprint has begun and is estimated to add 800,000 so-called villas passed by fibre over the coming years.

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Cott Corp buys Eden Springs

2016-06-07 18:11:51| Daily beverage news and comment - from just-drinks.com

Cott Corp has agreed to acquire office coffee and water supplier Eden Springs for EUR470m (US$525m) as it looks to strengthen its position in the water and coffee machine market. 

Tags: corp springs eden buys

 

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