KIPCO bailing out on OSN
One of Kuwait’s sovereign wealth funds, KIPCO is looking to sell its stake in Dubai-based pay-TV operator OSN (the former Orbit-Showtime Network). Goldman Sachs has reportedly been hired to find…
Report: $25bn games deals could signal top of the market
This year’s record $25 billion games deals over just 9 months could mean we’ve hit the top of the market, as detailed in Digi-Capital’s new Games Report Q4 2018. Last…
Sonos to mount IPO
Fast-growing high-end wireless audio specialists Sonos is to mount an Initial Public Offering (IPO). California-based Sonos, which has not made an annual profit since 2014, issued its regulatory filing on…
Xiaomi launches $10bn Hong Kong listing
Chinese smartphone maker Xiaomi has filed to list on Hong Kong stock market, in a move that is expected to raise up to $10 billion (€8.35bn). The stock market flotation…
AT&T pulls DirecTV LatAm IPO
The long-awaited, but much delayed, Initial Public Offering (IPO) for the AT&T-owned Vrio division is not going ahead – at least for the moment. Vrio looks after the DirecTV broadcast…
MTG splits off Nordic Entertainment Group
The Board of Directors of digital entertainment group Modern Times Group has decided to initiate a process to split MTG into two companies – Modern Times Group MTG AB and…
AT&T files for potential DirecTV LatAm IPO
US telco AT&T has confirmed that it has filed of a registration statement with the US Securities and Exchange Commission for a potential initial public offering (IPO) of a minority…
AT&T confirms DirecTV LatAm spin-off
US telco AT&T says it is planning an IPO for its DirecTV Latin America division. AT&T says it will be floating a minority interest in DTV-LA. The IPO will likely…
Platinum Eagle fund from Sagansky and Sloan
Serial media entrepreneurs Jeff Sagansky and Harry Sloan have raised $325 million in their new Platinum Eagle Acquisition fund designed to take advantage of what they say is a particularly…
Altice to spin off US ops
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…