Category archives for: M&A

SFR-Numericable deal closes

Multinational cable and telecommunications company Altice and French cable MSO Numericable Group have confirmed the closing of the transaction to combine mobile operator SFR and Numericable. Vivendi received €13.366 billion in cash of which €200 million will be contributed to the financing of the acquisition of Virgin Mobile by Numericable Group. The amount of €13.166 billion will be subject to […]

Brussels sees risks in Telefónica/Canal Plus deal

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The European Commission (EC) has expressed concerns about the Telefónica-Canal Plus operation to set up a single pay TV company, 100 per cent controlled by the Spanish dominant telco operator. In a document sent to the Spanish regulator CNMC, Brussels claims that the operation is likely to have a negative impact on the competition in the pay TV market as […]

Deutsche Telekom, Orange confirm BT discussions

Following the confirmation by BT that it had received expressions of interest from shareholders in two UK mobile network operators, of which one was O2, about a possible transaction in which BT would acquire their UK mobile business, Deutsche Telekom and Orange, the joint shareholders of EE, the other likely operator target, have confirmed they are in discussions with the […]

KPN acquires remaining 40% stake in Reggefiber

KPN has reached an agreement with joint-venture partner Reggeborgh to acquire the remaining 40 per cent stake in Reggefiber and obtain 100 per cent ownership for €610 million. Joost Farwerck, Member Board of Management KPN, commented: “We are pleased to have obtained full ownership of Reggefiber and aim to learn and make use of the vast amount of expertise which […]

Media M&A at 3 year high

A record number of media and entertainment (M&E) companies expect to pursue M&A deals during the next 12 months, according to a recent survey of over 1600 senior executives, of which 94 were from the M&E companies, in more than 60 countries conducted by EY for the 11th Capital Confidence Barometer: Media & Entertainment. The study further reveals that C-suite […]

Telefonica-Canal Plus anti-trust probe

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The Spanish competition watchdog CNMC has launched an in-depth antitrust investigation into Telefonica’s acquisition of pay-TV company Canal Plus amidst signs of lack of competition in the market. CNMC underlines that the deal “could significantly hinder competition in the markets related to pay-TV, audiovisual content and electronic communications services”. In May, the media group Prisa agreed to sell 56 per […]

BSkyB completes buys, renames as Sky

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BSkyB has completed its acquisition of Sky Italia S.r.l and takeover offer for Sky Deutschland AG and announced its intention to change its name to Sky, in place of British Sky Broadcasting (BSkyB) in recognition of the international scope of the business. The Company has acquired 89.71 per cent of the share capital of Sky Deutschland, with 87.45 per cent […]

Apax, Bain gatecrash PT bid



Private equity firms Apax Partners and Bain Capital have made a €7.075 billion offer for the Portuguese assets of  Oi, the Brazilian telecoms group, rivalling the €7.025 billion bid from Altice, the European cable group and the bid from Isabel dos Santos. Oi, the largest landline carrier in Brazil, said that the joint offer included two €400 million deferred payments […]

Yahoo buys BrightRoll for $640m

Yahoo is to acquire BrightRoll, a leading programmatic video advertising platform in a $640 million deal. The transaction will combine Yahoo’s premium desktop and mobile video advertising inventory with BrightRoll’s programmatic video platform and publisher relationships to bring substantial value to advertisers on both platforms. BrightRoll is a large, growing and profitable business with net revenues expected to exceed $100 […]

Xiaomi to buy Youku Tudou stake

Xiaomi, China’s largest smartphone vendor, is set to acquire Youku Tudou shares on the open market and also license content from China’s most popular video-streaming site. Joy Han, a spokeswoman for Xiaomi, and Jay Chen, a Youku Tudou spokesman, both declined to comment on the amount of the investment. Lei Jun, Xiaomi’s chief executive officer, has pledged to initially invest […]

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