Altice offers €2.4bn to take full control of SFR for more streamlined structure
Billionaire Patrick Drahi’s Altice has announced plans to simplify its ownership structure through an exchange offer for the outstanding 22.25% stake in ...
Tag: Europe
Beeline CEO Mikhail Slobodin resigns in wake of corruption probe at previous employer
VimpelCom has accepted the resignation of the CEO of its Russian mobile unit Beeline, with immediate effect “following today’s news regarding Mikhail ...
MTS issues Rbs10bn bond to improve debt profile
Russia’s Mobile TeleSystems (MTS) has issued a Rbs10bn (US$155m) 15-year bond to optimise its debt profile and finance its investment programme. MTS ...
Softbank enters IoT arena after completing ARM acquisition
Softbank has closed the acquisition of UK chip designer ARM Holdings for £24bn (US$31.7bn) as CEO Masayoshi Son (pictured) pushes the Japanese group into ...
Telefónica announces Telxius IPO to cut debt pile, prepares strategic options for O2
Telefónica plans to list its infrastructure unit Telxius before the end of the year and is considering taking its British subsidiary O2 UK public too. Telefónica ...
MTG’s Johan Johansson to head up Three Sweden
CK Hutchison’s Three Sweden has poached its new CEO Johan Johansson from Swedish digital entertainment company Modern Times Group (MTG), where he served as CFO and COO. Johansson ...
Orange, Telenet and Apax in second stage of SFR BeLux sale process
French incumbent Orange, Liberty Global’s Belgian cableco Telenet and private equity firm Apax Partners have reportedly been shortlisted to bid for Altice’s SFR units in Belgium and Luxembourg. The sale could ...
Türk Telekom CEO Rami Aslan latest to resign from incumbent
Türk Telekom CEO Rami Aslan has tendered his resignation just weeks after two other key executives handed in their notices. Aslan, who has led ...
KPN prices €1.25bn dual-tranche bond for refinancing
Dutch incumbent KPN has priced a eurobond offering, split between a €625m (US$700m) tranche maturing in April 2025 with a 0.625% coupon and ...
ARM shareholders approve Softbank takeover, Ren Tanaka named ARM GM
Japan’s Softbank has announced that UK chip designer ARM Holdings’ shareholders have overwhelmingly cleared the previously-agreed £24bn (US$31.7bn) takeover. Softbank has also named Ren Tanaka as Softbank’s ...
