Category archives for: M&A

de Mol confirms SBS approach from Discovery

Dutch newspaper De Telegraaf says Endemol founder John de Mol is in discussions with Discovery Communications about a possible sale of his 33 per cent stake in broadcaster SBS. Publisher Sanoma Media owns the balance of SBS, and is also in talks with Discovery. SBS still runs SBS6, Veronica and Net5 channels. SBS sold its Scandinavian channels to Discovery last […]

TDC acquires Norway’s Get

Danish quad-play operator TDC Group is acquiring Get AS, the second largest cable-TV provider in Norway, for NOK 13.8 billion (€1.68 bn), to create Scandinavia’s largest cable TV company in terms of revenue. With 1.7 million connected homes and a revenue of DKK 7 billion (€0.94bn) from the cable business, the TDC Group says it will become the leading communication […]

Spain: Orange bids €3.4 billion for Jazztel

orange

In another major potential consolidation of the Spanish market Orange has bid €3.4 billion for Jazztel. If the takeover is finally successful, the new company will become the second biggest fixed-line broadband operator in the country, the third in mobile with 13.7 million mobile users (behind Vodafone with 14 million) and a tough competitor to Telefonica and Vodafone-ONO in the […]

EC OKs BSkyB ‘Sky Europe’ acquisitions

The European Commission has authorised under the EU Merger Regulation the proposed acquisition of Sky Deutschland AG and Sky Italia S.r.l. by BSkyB. The Commission concluded that the transaction would not raise competition concerns, since the activities of the three companies are geographically complementary. The Commission’s investigation showed that the geographic scope of the markets for the licensing or acquisition […]

Ericsson acquires Fabrix for $95m

Ericsson has entered into an agreement to acquire Fabrix Systems, a provider of cloud storage, computing and network delivery for video applications that power some of the most advanced cable and telecom cloud DVR deployments. Fabrix Systems further extends Ericsson’s TV and media portfolio with a cloud based scale out storage and computing platform focused on providing a simple, tightly […]

£3.25bn bond boost for Sky Europe deal

British Sky Broadcasting Group has successfully priced £3.25 billion (equivalent) of Euro and US dollar denominated bonds. Proceeds from the bonds will be available to finance the acquisition of 100 per cent of Sky Italia and 57.4 per cent of Sky Deutschland, which was announced on July 25th 2014. The four tranches of bonds to be issued are: €1.5billion Senior […]

Worldspace’s AsiaStar sold for Chinese broadband scheme

A new joint-venture, backed by New York Satellite Holdings (a subsidiary of New York Broadband 2) and CMMB Vision Holdings of Hong Kong, has bought the old Worldspace AsiaStar satellite operating at 105 deg East.  The plan is to add two satellites to AsiaStar – which has a limited life remaining – and start beaming mobile entertainment to users in […]

TF1 and ITAS enter OneCast negotiations

The TF1 and ITAS groups have entered into exclusive negotiations with a view to the acquisition by ITAS TIM, a subsidiary of ITAS group, of OneCast, a subsidiary of TF1 operating in the DTT multiplex broadcasting sector. An agreement could be signed in the coming weeks, once the negotiations have been finalised and the necessary procedures for the information of […]

Fox’s Carey: ‘Not buying ITV, might buy Sky’

Chase Carey, President and Chief Operating Officer of News Corporation, participates in the 2010 Milken Institute Global Conference in Beverly Hills

Chase Carey, President and Chief Operating Officer, 21st Century Fox, has said his company is not planning to bid for UK’s ITV, amid speculation that it is the target of major US media groups, and confirmed Fox’s support both of subscription TV and content creation. Carey, speaking during a keynote session at the RTS London Conference 2014, said that although […]

Liberty Global: ‘We won’t build on ITV stake’

Following 21st Century Fox CEO Chase Carey’s assertion that it was not planning to acquire UK commercial Public Service Broadcaster ITV, Jim Ryan, Senior Vice President and Chief Strategy Officer, Liberty Global, has said that the cable MSO was not planning to build on the 6.4 per cent stake in the pubcaster it acquired from BSkyB mid-July 2014. He said […]

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