Midweek Mergers: April 29

29 April 2015 |


Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email editorial@capacitymedia.com.

 

DEAL OF THE WEEK

 

 

Lightower Fiber Networks has purchased Fibertech Networks in an all-cash deal worth $1.9 billion. [read more

 

MIDWEEK MERGERS

 

 

The European Commission has approved Altice’s €7.4 billion acquisition of Portugal Telecom’s Portuguese assets. [read more]  

 

 

Turk Telekom has offered to acquire the remaining $300 million stake in Turkish mobile operator Avea in order to gain sole control of the mobile unit. [read more]

 

 

Dixons Carphone has agreed to sell its 83% stake in The Phone House Netherlands to Relevant Holdings. [read more

 

 

M2 Group has launched a counter bid to purchase Perth-based iiNet in an all-share offer worth over $1.3 billion (A$1.6 billion). [read more]

 

 

Shareholders at O2 Czech Republic have agreed to spin-off the company’s infrastructure arm into a new firm called CETIN. [read more]








 

INTERNATIONAL INVESTMENTS

 

 

Asian infrastructure provider Superloop has today announced plans to raise $17.5 million in an initial public offering (IPO) and has applied to list on the Australian Securities Exchange (ASX). [read more

 

 

The Slovak government has launched an initial public offering of its 49% stake in Slovak Telekom as it seeks to raise up to €1 billion. [read more]

 

 

Abertis plans to raise up to €1.79 billion through the IPO of 55% of its Cellnex Telecom unit. [read more]