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Tele Columbus to acquire PrimaCom for EUR 711 million
2015-07-16 11:00:00| Telecompaper Headlines
(Telecompaper) Tele Columbus Group announced an agreement to acquire PrimaCom for EUR 711 million. The deal brings together two of Germany's leading mid-tier cable operators. Tele Columbus said the combined company offers growth potential and enables scale efficiencies across the customer and network base. The merger should also support an acceleration in network and product development. The acquisition of PrimaCom will be financed through a combination of existing cash, a fully underwritten financing with senior and junior tranches and a EUR 125 million equity bridge loan. The transaction does not need regulatory approval and is expected to close at the end of July. Together the two operators have around 2.8 million homes connected. Based on 2014 figures, there combined annual revenues are EUR 345 million, and EBITDA reached EUR 154 million.
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Tele Columbus to buy PrimaCom for 711 million
2015-07-16 02:00:00| Total Telecom industry news
Deal due to close this month, bringing more consolidation to German cable market.
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Columbus drinkers spend more on craft beer than most
2015-07-15 22:41:21| Grocery - Topix.net
Here's another accolade Columbus can raise a glass to: It's one of the biggest markets for retail craft beer sales. Local beer drinkers spend 25 cents of every $1 spent on brews at the grocery store on craft beer, according to a new report from consumer research firm Nielsen Co.
Columbus McKinnon to celebrate 175 years by ringing closing bell
2015-07-04 10:09:15| Industrial Machines - Topix.net
One of the Buffalo area's oldest manufacturers will mark its 175th anniversary by closing the NASDAQ market on Monday, July 7. Columbus McKinnon Corp. has been invited to Times Square to mark the occasion. Timothy Tevens , the company's chief executive officer, will ring the closing bell at 4 p.m. Headquartered in Amherst, Columbus McKinnon designs, manufactures and markets material handling products and systems.
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Axalta Is Cruising Into Columbus, Ohio
2015-07-02 07:00:00| Coatings World Breaking News
Tags: ohio
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