Akamai has acquired Cyberfend, a specialist in bot and automation detection solutions for web and mobile environments, in an all cash transaction. “With the introduction of Bot Manager earlier this year, Akamai helped change the way online businesses deal with the bots and other automated agents that visit their sites,” explained Stuart Scholly, senior vice […]
MTG has completed the sale of its free-TV broadcasting and production businesses in Ghana and Nigeria to Econet Media Group for an undisclosed consideration. The previously announced sale of MTG’s free-TV broadcasting business in Tanzania to the same buyer is pending local regulatory approval and is expected to close in Q1 2017. The sales reflect […]
Less than a week after the pair confirmed that an offer had been made, Twenty-First Century Fox has reached an agreement with Sky plc on the terms of a recommended pre-conditional cash offer by 21st Century Fox for the fully diluted share capital of Sky which 21st Century Fox and its affiliates do not already […]
Vivendi has speedily built up a 20 per cent stake in Silvio Berlusconi’s Mediaset broadcasting empire. Berlusconi’s family are reported to be resisting the take-over move, and the Italian state says it is “on alert” to the French move. Equity analyst Sami Kassab at Investment bank Exane-BNP/Paribas, in a note to clients December 15, says […]
Liberty Media Corporation has entered into agreements with certain third party investors to commit $1.55 billion (€1.46bn) in subscriptions for newly issued shares of its Series C Liberty Media common stock (LMCK) at a price of $25.00 per share in connection with its acquisition of Formula 1. The third parties are Coatue Management, the D. […]
Barely two days after suggesting that such an outcome was likely, and a day after it confirmed that it had crossed the 5 per cent and 10 per cent thresholds of Italian broadcaster Mediaset’s share capital, media group Vivendi revealed December 14 that it had crossed the 15 per cent threshold and reached the 20 […]
Pan-European broadcaster RTL Group plans to regroup its French radio operations into Groupe M6. With a 48.26 per cent shareholding, RTL Group is the controlling shareholder of the publicly-listed French TV broadcaster Groupe M6. RTL Group’s Board of Directors and Groupe M6’s Supervisory Board unanimously approved the planned transaction on 7 December 2016 and 13 […]
Elisa and Starman’s owners, Polaris Invest and Com Holding have signed an agreement in which Finland-based Elisa will acquire 100 per cent of AS Starman’s share capital. The acquisition price is €151 million and Elisa will pay it in cash. In 2015 Starman’s Estonia business’ revenue was €37 million and EBITDA €18 million. At the […]
Media group Vivendi has revealed that it has taken a 3.01 per cent stake in Italian broadcaster Mediaset and could raise that holding to 20 per cent. Vivendi announced on April 8th 2016 that it had concluded a strategic and industrial partnership with Mediaset. This partnership, with an international scope, included, on the one hand, […]
How often can a whole intricate takeover saga, ranging over months, be brought to mind by the phrase ‘the custard pie incident.’ The incident, of course, was patriarch Rupert taking one for the team when he made his mea culpa appearance before the Commons media committee in 2011 as he sought to limit the ever-spreading […]