United Media, part of United Group – the Southeastern European telco – has received unconditional approval from the European Commission for the acquisition of a 50 per cent equity stake in Alpha TV, a FTA TV station in Greece, from Primos Media. The remaining 50 per cent of Alpha TV is owned by Motor Oil […]
The European Union has “unconditionally” approved the SES purchase of Intelsat (for €3.1 billion plus debt) and joins the UK’s decision to permit the acquisition to go through. Approvals from the US, including permissions to reassign Intelsat’s frequency licences to SES, are still outstanding. “The Commission concluded that the transaction would not raise competition concerns […]
Disney has revealed in a securities filings that it will pay Comcast an additional $439 million (€384.3m) for full control of the streaming service, ending 18 months of conflict over the amount. Disney argued that it owed Comcast nothing beyond the $8.6 billion it already paid for Comcast’s 33 per cent stake — and Comcast […]
Prysmian has completed the acquisition of Channell Commercial Corporation (Channell), the US-based manufacturer of thermoplastic enclosures and fibre management solutions, for a base purchase price of $950 million (€830.4m), subject to customary adjustments as set forth in the merger agreement. Under the terms of the merger agreement, Prysmian may also be required to make an […]
Warner Bros Discovery (WBD) has announced plans to separate the company, in a tax-free transaction, into two publicly traded companies, which it says will enable each to maximise its potential. The Streaming & Studios company will consist of Warner Bros Television, Warner Bros Motion Picture Group, DC Studios, HBO and HBO Max, as well as […]
Equativ has announced the full unification of Sharethrough into its brand and operations, forming one of the largest global independent media platforms and marketplaces, strengthening its ability to serve global advertisers and publishers with transparency, innovation, and user-first technology. Equativ has also unveiled a complete rebrand of its visual identity and website. This confirmed deal […]
SES looks set to gain unconditional European Union (EU) antitrust approval for its $3.1 billion (€2.7bn) deal to acquire rival Intelsat. The merger will receive the EU’s approval, reports Reuters, and the European Commission is scheduled to publish its own ruling by June 10th. The deal announced, first announced in April 2024, was recently given […]
Telco groups Vodafone Group Plc and CK Hutchison Group Telecom Holdings have confirmed that the merger of Vodafone UK and Three UK successfully completed on May 31st. The combined business, named VodafoneThree, is 51 per cent owned by Vodafone and 49 per cent by CKHGT. Vodafone will fully consolidate VodafoneThree in its financial results, and […]
The UK’s Competition and Markets Authority (CMA) has cleared the take-over of Intelsat by SES in its $3.1 billion move. However, while the UK’s anti-trust clearance is a major step forward for the deal, there are two other entities which also need to give their permissions in the form of the EU and US. The […]
BBC Studios Productions has taken full ownership of Mothership TV. The unscripted indie prodco will now become part of BBC Studios’ newly announced Unscripted Productions, led by Kate Ward. The deal marks the corporation’s main commercial arm taking full ownership of its second unscripted indie following the acquisition of Voltage TV in 2022. Mothership TV, […]