The long-awaited, but much delayed, Initial Public Offering (IPO) for the AT&T-owned Vrio division is not going ahead – at least for the moment. Vrio looks after the DirecTV broadcast activity over South America and the Caribbean region. AT&T was due to mount the IPO today (April 19th) and only last week said the IPO […]
The Board of Directors of digital entertainment group Modern Times Group has decided to initiate a process to split MTG into two companies – Modern Times Group MTG AB and Nordic Entertainment Group – by distributing all of the shares in Nordic Entertainment Group (comprising MTG Nordic Entertainment, MTG Studios and Splay Networks) to MTG’s […]
US telco AT&T has confirmed that it has filed of a registration statement with the US Securities and Exchange Commission for a potential initial public offering (IPO) of a minority interest in the Class A common stock of Vrio Corp., a holding company for its Latin American digital entertainment services unit, DirecTV Latin America. AT&T […]
US telco AT&T says it is planning an IPO for its DirecTV Latin America division. AT&T says it will be floating a minority interest in DTV-LA. The IPO will likely take place in the first half of this year. The report is not a surprise and was widely reported in October 2017 when rumours suggested […]
Serial media entrepreneurs Jeff Sagansky and Harry Sloan have raised $325 million in their new Platinum Eagle Acquisition fund designed to take advantage of what they say is a particularly compelling time for the industry. The fund will be listed on the NASDAQ exchange (trading as EAGLU). The IPO prospectus says the fund will be […]
Multinational cable, fibre, telecommunications, content and media company Altice N.V. is to separate Altice USA Inc. from Altice N.V. (which will be renamed Altice Europe). The separation will enable each business to focus more on the distinct opportunities for value creation in their respective markets and ensure greater transparency for investors. Altice NV aims to […]
Bermuda-incorporated (but operating from Hong Kong) APT Satellite, and backed by China Satellite Communications (CSCC), has issued new shares which will be traded on the Chinese mainland. Its shares were already listed on the Hong Kong exchange. CSCC is itself involved in its own expanded float and restructuring on the Shanghai exchange. APT is perhaps […]
Suggesting the newly-listed company is well-positioned to leverage world-class technology, innovation and scale, Liberty Latin America, which has telecommunications operations in Chile, Puerto Rico, the Caribbean and other parts of Latin America, has completed its previously-announced split-off from international TV and broadband company Liberty Global and its launch as an independent, publicly-traded company. Following the […]
Last week, UK-based transmission and teleport operator Arqiva pulled its IPO citing market volatility as the reason. Now it seems that a trade sale could be in the offing. The Sunday Times reported that Australian investment bank Macquarie, which controls 25 per cent of Arqiva, could revisit a planned sale to Canadian conglomerate Brookfield. Arqiva […]
UK transmission and TV facilities company Arqiva has postponed its planned Initial Public Offering (IPO) on the London stock market. The decision was unexpected, and could indicate that Arqiva is in negotiation for a trade sale, which was its initial plan. The IPO was expected to raise some £6 billion (€6.72bn) in what would have been the […]