MásMóvil and Orange Spain are seeking a €6.5 billion loan to complete their merger by the end of the month. Their merger will give rise to the second largest telco operator in Spain with an enterprise value of €20 billion, shared 50/50. BNP Paribas is leading the financial operation to get the loan along with […]
The UK’s Competition and Markets Authority (CMA) has confirmed it is investigating the anticipated sports joint venture between Warner Bros Discovery and BT Group. The CMA is considering whether it is or may be the case that this transaction if carried into effect, will result in the creation of a relevant merger situation under the […]
Canadian multiplay telcos Rogers Communications and Shaw Communications have agreed to not proceed with closing their proposed merger until either a negotiated settlement is agreed with the Commissioner of Competition or the Competition Tribunal has ruled on the matter. As a result, there is no need for the Tribunal to hear the Commissioner’s application for […]
Nordic multiplay telco Telia Company has completed the divestment of 49 per cent of its tower business in Sweden, to Brookfield and Alecta, as all regulatory approvals have been received. On January 27th, 2022, Telia announced the sale of 49 per cent of its tower business in Sweden to Brookfield and Alecta at a price corresponding […]
RTL Group has closed the transaction to sell RTL Croatia to Central European Media Enterprises (CME). The transaction, which was first announced on February 14th 2022, was approved by the Croatian competition authority on May 27th 2022. “The sale of RTL Croatia is in line with our strategy to lead TV consolidation in Europe,” stated […]
Streaming service Starz will definitely be sold this summer, according to a statement from owners Lionsgate – with the financial and other considerations wrapping by the end of the year. Lionsgate acquired Starz in 2016 and paid some $4.4 billion (€4.09bn) at the time. “We are engaged in a robust and productive process with our […]
Media tycoon Silvio Berlusconi’s MediaforEurope (MFE) has received authorisation from Stock Market regulator CNMV (Comisión Nacional del Mercado de Valores) to control 100 per cent of Mediaset Spain . Already owner of a 55.69 per cent share, MFE is now taking 33.31 per cent at €258 million, plus a share exchange totalling a 100 per […]
Confirming recent speculation, semiconductor and infrastructure software solutions specialist Broadcom and enterprise software provider VMware have agreed a deal under which Broadcom will acquire all of the outstanding shares of VMware in a cash-and-stock transaction that values VMware at approximately $61 billion (€57bn), based on the closing price of Broadcom common stock on May 25th, […]
Synamedia, the independent video software provider, has announced the acquisition of Utelly, a UK-based privately-owned content discovery platform provider with products targeted at the entertainment industry. Its offerings include metadata aggregation, search and recommendations, as well as content management and a content promotion engine. Utelly’s solution simplifies the complexity of users’ content discovery across TV […]
Comedian and late-night TV host Conan O’Brien is selling his podcast business to pay-radio operator SiriusXM in a deal worth reportedly about $150 million (€140m). SiriusXM is buying O’Brien’s hit podcast, Conan O’Brien Needs a Friend, along with his Team Coco digital-media company and its network of ten podcasts. O’Brien owns the bulk of the […]