SES is buying rival Intelsat for $3.1 billion (€2.99bn) in a deal announced last April. The purchase had been expected to be completed in the second-half of 2025 once all regulatory hurdles had been overcome. Now, however, SES wants to wrap the agreement by June as it cites “fast-moving industry developments” and competitive threats from […]
News Corp has entered into a definitive agreement for the sale of Australian pay-TV operator Foxtel to sports streaming platform DAZN for an enterprise value of A$3.4 billion (€2.04bn). Under the terms of the agreement, shareholder loans in the amount of A$578 million outstanding and owing to News Corp will be repaid in full in […]
Swisscom has received clearance for the acquisition of Vodafone Italia from both the Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato) and the Ministry of Enterprises and Made in Italy (MIMIT). The Italian Competition Authority has cleared the transaction and accepted behavioural commitments proposed by Swisscom. These include the continued provision of wholesale […]
Cellnex Telecom has completed the sale of its Austrian business operations, first announced in August. A consortium comprising Vauban Infrastructure Partners, through Vauban’s Funds, EDF Invest, the investment arm in non-listed assets of EDF Group and MEAG, the asset manager of Munich Re and ERGO, have closed the deal whereby the consortium has acquired 100 […]
LoopMe, a technology company that uses artificial intelligence (AI) to improve brand advertising results, has announced its acquisition of mobile advertising and monetisation platform Chartboost from Zynga, a wholly-owned publishing label of Take-Two Interactive Software (NASDAQ: TTWO). Financial details were not disclosed. LoopMe says this acquisition underscores its commitment to expand its capabilities and reinforces […]
The Combined General Shareholders Meeting of Vivendi, held December 9th under the chairmanship of Yannick Bolloré, approved by more than 97.5 per cent of the votes the separation from Vivendi of Canal+, Havas and Louis Hachette Group (the company bringing together the 66.53 per cent investment in Lagardère and 100 per cent of Prisma Media). […]
MFE-MediaForEurope, the Italian TV group controlled by the Berlusconi family, has asked a group of banks for a €3.4 billion loan to cover any financing it may require related to a potential takeover of Germany’s ProSiebensat.1, according to a Reuters report. News first emerged in April that MFE was considering a move for ProSiebensat.1 MFE […]
The Competition and Markets Authority (CMA) has decided Vodafone’s £16.5 billion (€19.9bn) merger with Three – creating the UK’s biggest mobile network with 27 million customers – should be allowed to proceed if both companies sign binding commitments to “invest billions” to roll out a combined 5G network across the UK. The network commitment would […]
Gogo has announced the completion of its acquisition of Satcom Direct (SD), creating a multi-orbit, multi-band, in-flight connectivity provider serving the the global business aviation (BA) and military/government mobility markets. The deal was first announced in September. Gogo paid $375 million (€357.4m) in cash and issued five million shares of Gogo stock to SD ownership at […]
Amagi, a player in cloud-based SaaS technology for broadcast and connected TV (CTV), has announced the acquisition of Argoid AI, an AI company specialising in recommendation engines and programming automation for OTT platforms. Argoid AI has developed innovative AI products that enhance content recommendations and enable real-time programming decisions. Its solutions increase viewer engagement and […]