Canadian-based satellite construction specialists MDA has increased its offer to buy satcom technology provider SatixFy by 43 per cent as it faced a competing bid. The increased offer values SatixFy at $280 million (€247.9m). Back on April 1 when the acquisition was first announced MDA had offered $2.10 per share. SatixFy then approached 75 potential […]
France’s Canal+ and South African pay-TV broadcaster Multichoice have been informed that the South Africa’s Competition Commission recommended Canal+ takeover of MultiChoice Group will be approved, with conditions, clearing a significant hurdle. Conditions include funding commitments for the production of local South African general entertainment and sport content, and funding local content creators. Canal+, which […]
BT is reportedly in advanced talks to sell its 50 per cent stake in TNT Sports to US joint venture partner Warner Bros Discovery (WBD). A deal could be confirmed this week, according to FT. WBD has an option to buy out BT’s stake before the end of 2026, the FT report added. Any deal […]
Management at music video streaming service ROXi has completed buy-out of the ROXi business, in partnership with a syndicate of investors. The newly formed company, called FastStream Interactive Limited (FSI), has acquired the business and technology of ROXi – as well as sealing distribution deals with a number of broadcasters, who will bring FSI’s interactive […]
SpaceX has acquired Akoustis Technologies which manufactures integrated devices using patented bulk acoustic wave RF filters. SpaceX, using subsidiary Tune Holdings, acquired the company out of bankruptcy. “Through the Transaction and in compliance with the sale order entered by the US Bankruptcy Court for the District of Delaware, Tune Holdings has acquired substantially all of […]
Viaplay Group, the Nordics streaming group, has acquired a total of 16,500,000 own class B shares within the scope of the repurchase programme introduced by the Board of Directors with the purpose of securing the delivery of class B shares to the participants of the company’s long term incentive programme resolved upon by the Annual […]
Charter Communications and Cox Communications have entered into a definitive agreement to combine their businesses in a transaction that seeks to create “an industry leader in mobile and broadband communications services, seamless video entertainment, and high-quality customer service delivering powerful benefits for American employees, customers, communities and shareholders”. The proposed transaction values Cox Communications at […]
Dailymotion, the video platform owned by Canal+, has acquired Archery, the company responsible for developing Mojo, the AI-assisted video creation and editing app that has been downloaded more than 50 million times. With its global user base of several million active users, Mojo is a popular app for video creation. With its intuitive interface, ready-to-use […]
European Union (EU) regulators are examining the extent of Elon Musk’s influence and communications of his Starlink broadband-by-satellite system and whether it is a valid competitor to what could be a combined business of SES and Intelsat. SES is attempting to acquire Intelsat in a €3.1 billion deal. The EU’s anti-trust regulators have to decide […]
PPF IM, an indirect subsidiary of PPF Group, which currently owns a stake of close to 15 per cent in ProSiebenSat.1 Media SE through shares and instruments, has published its decision to launch a public acquisition offer in the form of a partial offer for the acquisition of a number of ProSiebenSat.1 shares yet to […]