The on-off plan to mount an IPO at Dubai-based pay-TV operator Orbit Showtime Network (OSN) looks like it is back ‘on’. KIPCO, the Kuwaiti investment sovereign fund, and which owns 60.5 percent of OSN, says the IPO scheme is back in place. KIPCO’s vice-chairman Faisal Al-Ayyar, speaking on CNBC’s ‘Access Middle East’ business TV show, […]
Liberty Global has lined up a new CEO for Ziggo, once its $13.7 billion acquisition of the Dutch cable TV company is completed. Liberty has named Baptiest Coopmans as CEO, subject to its Ziggo offer being declared unconditional. Coopmans is currently MD of Liberty Global-owned UPC Netherlands, a role he has held since replacing Robert […]
Swedish triple-play operator Com Hem has confirmed an offer price of SEK 58 (€6.45) per share in its initial public offering of newly issued shares. Admission to trading and listing on the NASDAQ OMX Stockholm will take place today, June 17, 2014. The Offering was over-subscribed several times and attracted strong interest among Swedish and […]
Following the May 23rd announcement of its intention to float, Swedish triple-play operator Com Hem has published its prospectus and revealed the price range for its Initial Public Offering of its shares and listing on NASDAQ OMX Stockholm. • The Company is raising gross proceeds of SEK 5,670 million (€622m) (assuming the over-allotment option is […]
Swedish triple-play operator Com Hem has announced its intention to proceed with an Initial Public Offering on NASDAQ OMX Stockholm. Anders Nilsson, CEO of Com Hem said that in the past few years, the company had made “significant” investments in the network, new products and the operations, which would enable it fully to capture its […]
Dubai-based Orbit Showtime Network (OSN) says it has “no current plans” for a stock-market float. The comments came followed market speculation that itself was prompted by comments made by its KIPCO majority (60.5 per cent) owners that an IPO was expected to happen this year. In March KIPCO’s deputy chairman Faisal al-Ayyar stated that it […]
Com Hem, the Swedish cable operator owned by BC Partners, is preparing an initial public offering to raise about $1 billion, according to reports. Com Hem could start the sale process as early as next week. The Stockholm IPO would value the company at about $3 billion and will likely involve a sale of new […]
Multimedia Polska SA owners seek to raise as much as 948.3 million zloty ($310 million) from the sale of Poland’s third-largest cable TV operator in the country’s biggest initial public offering since December 2013. M2 Investments, controlled by Tomasz Ulatowski and Ygal Ozechov, as well as Tri Media Holdings, Dunaville Trading and Collegium Anetta Kolasinska […]
Dubai-based pay-TV operator OSN (the former Orbit Showtime Network) was last year valued at around $2.5 billion, and that valuation helped convince majority (60.5 per cent) owners KIPCO to contemplate an Initial Public Offering (IPO) for OSN. On March 31st KIPCO said it hoped to start the IPO process for OSN “within weeks”. Also helping […]
Orbit Showtime Network (OSN) is to be given an Initial Public Offering, and a listing on the London exchange. This is not the first time that the proposal has been made but now seems to have legs given a statement last week from majority owners KIPCO. KIPCO Deputy Chairman Faisal Al-Ayyar said he hoped the […]