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Etisalat, Ooredoo submit bids for Vivendi's Maroc Telecom
2013-04-24 15:23:00| Telecompaper Headlines
(Telecompaper) Etisalat and Ooredoo confirmed they have each made a binding offer to Vivendi to acquire its 53 percent stake in Maroc Telecom. The UAE-based operator said it had already conducted due diligence and secured external financing from local and international banks for the takeover. Qatar-based Ooredoo said it also had financing in place from a consortium of banks. The offer remains subject to approval by Vivendi and regulatory authorities. Vivendi confirmed it had received two offers and said it will study the bids in the coming weeks. The successful bidder will also be required to make an offer to minority shareholders in Maroc Telecom.
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telecom
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KKR, Apax to submit joint bid for Vivendi's GVT - report
2013-01-31 22:32:00| Telecompaper Headlines
(Telecompaper) Private-equity firms KKR and Apax are teaming up to bid against DirecTV to acquire Vivendi's GVT unit in Brazil, Bloomberg reports, citing unnamed people with knowledge of the matter. The group, which would also include Gavea Investimentos, owned by JPMorgan Chase, and Cambuhy Investimentos, is offering EUR 5 billion for GVT, compared with Vivendi's asking price of about EUR 8 billion, said one of the people.
Etisalat interested in Vivendi's Maroc Telecom stake
2013-01-17 01:00:00| Total Telecom industry news
UAE operator becomes latest to submit expression of interest in Vivendi's Moroccan telco shares.
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telecom
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