US telecoms divest media assets as streaming costs rise; Europe begins to consolidate
As global pay TV revenues peak, US operators are divesting their media assets. With streaming competition heating up, the top ...
Tag: Anchorage Capital Group
Eir bulks up board as it edges closer to potential 2018 IPO
Irish incumbent telco Eir has appointed three telecoms veterans to its board, almost doubling its membership as it works to reduce ...
York Capital exits Eir, Anchorage set to become majority shareholder
New York-based York Capital Management has completed the divestment of its 9.8% stake in Eir, the Irish telco CEO Richard Moat (pictured) said. The ...
US hedge funds and Singapore’s GIC to control 90% of Eir’s voting rights
US hedge funds Anchorage Capital Group and Davidson Kempner Capital Management and Singapore’s sovereign wealth fund GIC are set to ...
Eir prices €200m bond, considers further refinancing
Eir has priced a €200m (US$220m) tap issue of senior secured notes to repay part of its senior debt facility ...
Singapore wealth fund to acquire €230m stake in Ireland’s Eir
Eir has announced that the Government Investment Corporation of Singapore (GIC) intends to buy up to €230m (US$260m) of its stock from existing ...
Qatar fund eyes stake in Ireland’s Eir – report
The Qatar Investment Authority (QIA), the country’s sovereign wealth fund, is reportedly set to acquire a substantial stake in Irish incumbent Eir, providing ...
No Eir IPO unless markets improve
Eir has no plans to float in the short or even medium term, but CEO Richard Moat said he was sure Eir’s ...
Anchorage buys 25% stake in Eircom
Anchorage Capital Group has bought a 25% stake in Irish incumbent Eircom from fellow New York private equity firm Blackstone, two people ...
Vodafone mandates BoA Merrill Lynch for Wind Hellas merger
BoA Merrill Lynch is advising UK-based mobile operator Vodafone about merging its Greek subsidiary with local rival Wind Hellas, TelecomFinance ...
