ABU DHABI, UAE: International Holding Company (IHC) has formally agreed to the merger of its subsidiary Al Tamouh Investments with Al Qudra Holding, a news release said. The transaction will be completed through the transfer of shares in Al Tamouh…
HELSINKI, FINLAND: Ericsson (NASDAQ: ERIC) has entered into an agreement to acquire Vonage Holdings Corp. (NASDAQ: VG) for $21/share representing a total acquisition price of approximately $6.2 billion (Enterprise Value). The merger agreement was approved unanimously by the Board of…
OSLO, NORWAY: Telenor Group and Charoen Pokphand Group (CP Group) are in discussions to explore a potential merger between the telecom operations of Total Access Communication PCL (dtac) and True Corporation in Thailand. There are open issues outstanding and there…
LONDON, UK: ProPhotonix Limited, a designer and manufacturer of LED illumination systems and laser diode modules with operations in Ireland and the United Kingdom, has reached an agreement, wherein Exaktera will ProPhotonix for an aggregate consideration of approximately $11.6 million….
LONDON, UK: The Apax IX Fund, in which AGA is a limited partner, has agreed to an offer from Viasat for the entire ordinary share capital of Inmarsat, a leading provider of global mobile satellite communications services. The Apax IX…
Sydney, Australia: Aventus Group has entered into a Scheme Implementation Deed (SID) with HomeCo Daily Needs REIT and Home Consortium. Pursuant to the SID, Aventus securities, the current stapled structure comprising a unit in the Aventus Retail Property Fund (ARPF)…
LONDON, UK: Peabody Capital and Catalyst have confirmed their intention to join together following a 6-week consultation period. Both Boards carefully considered feedback from residents and have now agreed that Catalyst will join the Peabody Group as a subsidiary on…
DOHA, QATAR: Ooredoo Group and CK Hutchison Holdings have signed definitive transaction agreements for the proposed merger of their respective telecommunications businesses in Indonesia, PT Indosat Tbk (Indosat Ooredoo) and PT Hutchison 3 Indonesia (H3I). Ooredoo is an international communications company operating across the Middle…
OSLO: The Financial Supervisory Authority of Norway (NoFSA) has now granted the necessary permits to carry out the merger between SpareBank 1 BV and Sparebanken Telemark in accordance with a decision made by the banks’ Supervisory Board on 25 March…
ABU DHABI: General Holding Corporation (Senaat) has expressed intention to combine its wholly-owned subsidiary Emirates Steel Industries with Arkan Building Materials Company (ADX: ARKAN). “The Board of Directors of Arkan Building Materials Company (ADX: ARKAN), a leading construction and building…
NEW YORK: KORE Wireless Group and Cerberus Telecom Acquisition Corp. (CTAC) have entered into a definitive merger agreement, a news release said. Upon completion of the transaction, the combined company expects to be listed on the New York Stock Exchange…
OSLO: Unit holders of Golar LNG Partners LP (GMLP) voted on and approved the Agreement and Plan of Merger among GMLP, Golar GP LLC, New Fortress Energy Inc. (NFE), Lobos Acquisition LLC and NFE International Holdings Limited. Pursuant to the…