Search results for +tag:Corporate/Financial

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Czech investment group PPF has announced that acting through its PPF Telco subsidiary, it has agreed to acquire more than 19.353 million shares in Czech telecoms group O2 Czech Republic,... more
Saudi Arabia’s Public Investment Fund (PIF) has reportedly appointed two banks to investigate the potential sale of some of its majority shareholding in Saudi Telecom Company (stc), Reuters writes. According... more
Axiata Group, Telenor Asia and Digi.Com have announced the successful conclusion of a due-diligence exercise, following which they have now signed transaction agreements for the proposed merger of their Malaysian... more
New Zealand electricity generator and retailer Mercury has announced that it has entered into binding agreements to acquire rival Trustpower’s retail business for NZD441 million (USD306 million) in cash. The... more
Chilean antitrust watchdog the National Economic Prosecutor’s Office (Fiscalia Nacional Economica, FNE) has greenlit the acquisition of a 60% stake in Movistar Chile’s fibre-optic infrastructure subsidiary InfraCo by KKR Alameda... more
Bahraini telecoms group Batelco is planning to become the first company to have a dual listing of shares on the Saudi Stock Exchange (Tadawul) and the Bahrain Bourse, people familiar... more
Cameroon’s Technical Commission for the Rehabilitation of Public and Para-public Enterprises (La Commission Technique de Rehabilitation, CTR) is preparing a complete diagnostic audit of state-owned telco CamTel, Business Cameroon reports.... more
Jersey-based JT Group has published its ‘Progress Report’ for 2020, in which it revealed that it had recorded an almost 13% year-on-year drop in revenues for the twelve-month period ended... more
Allianz Capital Partners, on behalf of Allianz insurance companies and the Allianz European Infrastructure Fund, has confirmed plans to acquire a 10% stake in ATC Europe from American Tower Corporation... more
Spain’s National Commission for Markets and Competition (Comision Nacional de los Mercados y la Competencia, CNMC) has approved the proposed takeover of Euskaltel by Grupo MASMOVIL ‘without commitments’. Explaining its... more