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 […]
Richard Desmond is said to be considering a stock market listing of commercial broadcaster Channel 5. He is working with Goldman Sachs on the possible flotation, according to Sky News, who adds that the bank had taken the idea of listing Channel 5 to Desmond in recent weeks. Reports in January said Desmond had hired […]
ONO’s shareholders meeting has given its go-ahead to the flotation of the company on the Stock Market. In parallel, the cable company is holding talks to Vodafone about its €7 billion acquisition bid, with both parties reportedly very close to reaching an agreement. A possible deal could stop the IPO process in a later phase. […]
Spain’s largest cable company ONO must decide between Vodafone’s purchase bid and an IPO. The decision will be known later on this week after the shareholders’ meeting takes place on Thursday. For now the company continues to prepare its flotation on the Stock Market, issuing shares priced at €8.30. However a purchase agreement with Vodafone […]
A Board meeting of Spanish quad-play operator ONO has decided to go ahead with an IPO, seemingly dashing the hopes of telco Vodafone, which was reported to have made a €7 billion offer for the company. In a statement, ONO said its Board of Directors had met to review the Group’s operational and financial performance. […]
Com Hem backer BC Partners is looking towards an IPO for the operator, according to reports. Discussions between Com Hem and the London private-equity firm are said to be at an early stage, with BC yet to appoint advisers to manage a possible sale. Com Hem named Andrew Barron, former CEO of Virgin Media, as […]
Ono is close to hiring banks for an initial public offering. The Spanish cable operator could pick Deutsche Bank and JPMorgan Chase in the coming weeks for the IPO after inviting banks to bid for the work. Ono is preparing for a flotation on the Madrid stock exchange that could value the group at as […]
European cable operator Altice has confirmed plans to list its shares on the NYSE Euronext with the aim to raise €750 million. The proceeds of the IPO will be used to pay down debt and develop Altice’s businesses, which include stakes in French cable company Numericable and a mobile operator in Israel. Altice also agreed […]