Videocon d2h, formerly Bharti subsidiary Bharat Business Channel, is to mount an IPO and raise some 7 billion Rupees ($113 million) and using half of the cash raised to fund the purchase of new set-top boxes, dishes and similar elements. About R1.75 billion will be used to pay down debt, and the balance used for […]
Germany’s third-largest cable company Tele Columbus has been converted into a joint-stock company, effective September 12. The Berlin-based company (now officially Tele Columbus AG) has been working towards a change in its structure for the past few years. “The new legal form also gives us more flexibility for additional growth and the future development of […]
Kuwait Investment Projects, the majority owner of Dubai-based Orbit Showtime Network (OSN), has reportedly received an offer to by 100 per cent of OSN. KIPCO, in a statement July 20th, said the offer was confidential and would be presented to the board for a decision. KIPCO is a 60.5 per cent owner in OSN, the […]
Controversial tech icon Kim Dotcom is planning to raise £2.5 million for his new digital music service ‘Baboom’ by taking it public on the Australian Securities Exchange by the end of 2014. The plans were revealed in a 41-page prospectus being distributed to potential investors, as well as published on Baboom’s website. The company is […]
Ateme, a specialist in video compression solutions, has raised €13.3 million in an IPO on the Euronext Paris market. Ateme said the offering was oversubscribed at a rate of nearly 2.5 times the number of shares offered. Following the IPO, the company has a market capitalisation of €44.7 million. Meanwhile, Ateme has delivered 700 Kyrion […]
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 […]