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Tag: bidders
E&P Bankruptcy Sales: Pros, Cons of Stalking-Horse Bidders
2020-08-24 18:00:00| OGI
The opportunity to acquire oil and gas assets out of bankruptcy has grown in the current downturn, however, a panel of experts say buyers should be prepared to act early and quickly.
Tags: sales
bankruptcy
pros
cons
JCPenney lenders ask bidders to up offers?
2020-08-06 18:45:00| Daily apparel & textile news and comment - from just-style.com
A group of lenders managing the bankruptcy process of US retail giant JCPenney are reportedly asking interested buyers to up their bids after offers made in July were deemed too low.
Tags: up
offers
lenders
bidders
OneWeb confirms UK govt, Bharti consortium as winning bidders in sale process
2020-07-03 14:08:00| Telecompaper Headlines
(Telecompaper) Satellite communications company OneWeb has confirmed a consortium of the UK Government and Bharti Global as the winning bidders in the court-supervised sale process. The deal is expected to completed by Q4 2020, pending approval from OneWeb creditors, the Bankruptcy Court and applicable regulators.
Tags: process
sale
winning
consortium
Masmovil confirms FY20 and FY21 guidance, bidders secure EUR 2 bln loan
2020-07-03 12:14:00| Telecompaper Headlines
(Telecompaper) Spanish telecommunications provider Masmovil, the country's fourth largest network operator, has reiterated its full-year guidance for 2020 and 2021, taking into account the impact of the coronavirus epidemic on its business. In a filing with securities market regulator CNMV, the operator said it expected to achieve an adjusted EBITDA of EUR 570-600 million this year, with a margin of 30-32 percent, rising to EUR 670-700 million, with a margin of 32-34 percent in 2021.
Tags: eur
secure
loan
guidance
A dozen bidders enter race for Ethiopian operating licence
2020-06-29 02:00:00| Total Telecom industry news
Having long been a forbidden fruit for telcos, the Ethiopian telecoms market is finally opening up to foreign participation. Ethio Telecom’s monopoly on the country’s communications has lasted almost a century, but a radical policy shift by the nation&rsquo…read more on TotalTele.com »
Tags: enter
operating
race
licence