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 […]
Box Nation, the TV channel dedicated solely to boxing, is aiming to raise £5 million (€5.8m) through an initial public offering on London’s Aim market. A float would give the company a market capitalisation of as much as £19 million. “There’s enough hardcore fans for our business to work. And boxing, when it’s big, is […]
A few days ago the Dubai-based pay-TV operator borrowed $200 million in a 5-year loan. It now seems that the success of that exercise means the broadcaster will no longer proceed with its IPO. Local reports quoting OSN’s CFO Oliver Sage state that the company now has no plans to go ahead with the IPO. […]
Numericable, France’s largest cable operator, saw its stock rise after it market debut raised about €652.2 million in the country’s biggest initial public offering in four years. The shares climbed as much as 10 per cent to €27.40 and traded at €27.10 in Paris. They were priced at €24.80, at the top of the offer […]
French cabler Numericable is looking to raise about €652.5 million in its initial public offering. The shares are offered at €20.30 €24.80, the company said. The range values the company at €5.06 to €5.57 billion said Chief Executive Officer Eric Denoyer. Pricing will be finally decided on November 7th with trading scheduled for November 8th. […]