Multinational cable, fibre, telecommunications, content and media company Altice N.V. is to separate Altice USA Inc. from Altice N.V. (which will be renamed Altice Europe). The separation will enable each business to focus more on the distinct opportunities for value creation in their respective markets and ensure greater transparency for investors. Altice NV aims to […]
Bermuda-incorporated (but operating from Hong Kong) APT Satellite, and backed by China Satellite Communications (CSCC), has issued new shares which will be traded on the Chinese mainland. Its shares were already listed on the Hong Kong exchange. CSCC is itself involved in its own expanded float and restructuring on the Shanghai exchange. APT is perhaps […]
Suggesting the newly-listed company is well-positioned to leverage world-class technology, innovation and scale, Liberty Latin America, which has telecommunications operations in Chile, Puerto Rico, the Caribbean and other parts of Latin America, has completed its previously-announced split-off from international TV and broadband company Liberty Global and its launch as an independent, publicly-traded company. Following the […]
Last week, UK-based transmission and teleport operator Arqiva pulled its IPO citing market volatility as the reason. Now it seems that a trade sale could be in the offing. The Sunday Times reported that Australian investment bank Macquarie, which controls 25 per cent of Arqiva, could revisit a planned sale to Canadian conglomerate Brookfield. Arqiva […]
UK transmission and TV facilities company Arqiva has postponed its planned Initial Public Offering (IPO) on the London stock market. The decision was unexpected, and could indicate that Arqiva is in negotiation for a trade sale, which was its initial plan. The IPO was expected to raise some £6 billion (€6.72bn) in what would have been the […]
UK-based transmission company Arqiva has failed to find a trade buyer for its assets and has now confirmed an Initial Public Offering which will see the business valued at £6 billion (€6.73bn) on the London Stock Exchange. The company is currently owned by Australia’s Macquarie bank and Canada’s Pension Plan Investment Board. The FT reports […]
Roku has raised $219 million (€186m) in an initial public offering priced at the higher end of its expected range, the company said. The offering of 15.7 million shares was priced at $14, valuing Roku at $1.32 billion. As well as providing set tops the company licenses its software to companies such as Sharp and […]
A report in the Sunday Times suggests that the enthusiasm for buyers to acquire UK mast and transmission company Arqiva is fading fast. The report says that Singapore’s GIC sovereign wealth fund has withdrawn from the £6 billion auction, which “leaves just one solid bidder in the frame — Canadian property empire Brookfield,” said the […]
Rovio Entertainment, a global games-first entertainment company and creator of the Angry Birds brand, has announced its intention to proceed with an initial public offering (IPO) and a listing of its shares on the official list of Nasdaq Helsinki. Rovio is a games-first entertainment company that creates, develops and publishes mobile games and acts as […]
Streaming device specialist Roku has filed for an Initial Public Offering, looking to raise up to $100 million (€84.3m). The company’s principal shareholders include Twenty-First Century Fox, Fidelity, and Menlo Ventures. The IPO will be underwritten by Morgan Stanley, Citigroup, Allen & Company, RBC Capital Markets, Needham & Company and William Blair. In the Prospectus, […]