Category archives for: M&A

Abertis cashes in Cellnex

Abertis is to sell the recently-rebranded Cellnex (the former Abertis Telecom) with the forthcoming IPO with 55 per cent of the company on offer. The value of the company is estimated to be between €2.3 billion and €2.8 billion, with Abertis hoping to raise up to €1.7 billion for the sale to institutional investors only. Cellnex distributes digital TV signals […]

Could Vivendi buy Sky?

skybuilding

French media giant Vivendi is said to be considering a bid to acquire all of the Sky-branded European pay-TV broadcasters. Reuters have reported ‘early stage discussions’ and analysts at investment bank Exane BNPO-Paribas state that the rumour has been bouncing around for a few weeks. Exane has run some numbers and – assuming a 25 per cent premium to market […]

Al Jazeera to take Canal Plus stake?

football-Ronaldo

Telefonica is reportedly in talks for Al Jazeera to take a significant stake in Canal Plus to ease regulatory concerns from the CNMC and give green light to Telefonica’s takeover of the Spanish pay-TV platform. In May, Telefonica agreed to purchase the 56 per cent stake in Digital+ owned by Prisa for €750 million before subsequently agreeing to acquire Mediaset’s […]

Sky share buying buzz

The news that Vivendi might be seeking to buy the trio of Sky Europe broadcasters has prompted considerable activity on the London stock market in Sky shares. Sky’s share price rocketed from Tuesday’s closing price of £10.23 to an April 8th morning ‘high’ of £10.63 (and a new 12-month ‘high’) before slipping back after profit taking to £10.41, and a […]

Vivendi offers €250m for Dailymotion

French media giant Vivendi has tabled an offer for Orange’s video-streaming site Dailymotion, according to reports, pledging to develop the French start-up globally while making sure it stays under full French control. Vivendi, which has been keen on Dailymotion for some time, is said to have last week made an offer to buy a controlling stake in Dailymotion after the […]

ITV closes in on Weinstein TV

Reports say ITV is nearing a deal worth $950 million for the TV division of The Weinstein Company (TWC), the production studio set up by film producers the Weinstein brothers. An initial payment for TWC’s TV arm would total between $300 million and $400 million, the reports suggest, with bonuses and payouts potentially tripling the figure. The deal would be […]

Akamai buys Octoshape

Akamai Technologies has acquired Octoshape in a cash transaction. Octoshape’s services are designed to help optimise the quality of video streams for OTT content and to enable IPTV solutions. “As more video gets consumed over the Internet, and on devices that can display higher-quality resolution, it is important for us to develop new ways to acquire, transform and distribute the […]

TDF closes masts sale

TeleDiffusion de France (TDF), which operates the nation’s transmission media and broadcasting services, has completed the sale of its assets to a consortium comprising Brookfield Infrastructure, PSP Investments, APG Asset Mgt and Arcus Infrastructure. Sale price is “approximately €3.6 billion” says a company statement.  Included in the sale are about 6,690 multi-purpose towers and 5,000 kms of fibre backbone. The […]

Charter buys Bright House in $10.4bn deal

brighthouse

In a move that will see it become the second largest cable operator in the US as the consolidation of the broadband cable sector continues, Charter Communications and Advance/Newhouse Partnership (the parent company of Bright House Networks) have agreed a deal that will see Charter acquire Bright House Networks for $10.4 billion. Bright House is the sixth largest cable operator […]

RaiWay bid for EI Towers “approval unlikely”

After the opposition of Italy’s Ministry of Economy and Finance and public broadcaster RAI to the sale of the controlling interest (51 per cent) of the company that manages the TV transmission towers, it is now the turn of the Antitrust Authority. The competition watchdog said that the €1.2 billion bid by EI Towers, controlled by Italian commercial broadcaster Mediaset, […]

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