Atlas Investissement, a specialist investment vehicle focused on the telecoms sector, offered to acquire the remaining 70.8% stake in Millicom (Tigo) International Cellular, a provider of fixed and mobile telecommunications services dedicated to markets in Latin America, for $8.9bn. "The offers allow all Millicom Shareholders to benefit from full cash liquidity at an attractive price in an environment where Atlas believes that liquidity has been weak for holders of SDRs and Common Shares," Atlas Investissement. Millicom International Cellular (led by Mauricio Ramos) is advised by Goldman Sachs, Morgan Stanley, Advokatfirman Lindahl, Davis Polk & Wardwell LLP and Nord Advokater. Atlas (led by Xavier Niel) is advised by BNP Paribas, Crédit Agricole CIB, Handelsbanken Capital Markets, J.P. Morgan, Lazard, Societe Generale, Arendt & Medernach, Roschier and Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates. #MergersAcquisitionsDivestiture #PrivateEquity #Telecommunication
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💡 UKTIN has launched the Telecoms Investment Insight Report - a dissection of the key trends currently shaping the future of the #telco industry Discover insights on how these trends can help accelerate business growth at our webinar on 20 June. Come along to gain actionable intelligence to navigate the investment landscape with confidence. Whether you’re disrupting traditional telecoms or pioneering new connectivity solutions, this webinar will prepare you for your next investment strategy. 📍 Online 📆 20 June, 10:00 - 11:00 Register 👉 https://bcn.to/bbTG #UKTIN #Telecoms #Investment
UKTIN Investment Insights Webinar - SETsquared
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⭐ The Fiber Deal of the Year and LatAm Digital Infra Deal of Year shortlists are the latest two categories to be announced ahead of TMT M&A Awards USA 2024, taking place in eight weeks time in New York. The 12 standout deals that have made the shortlists include: FIBER DEAL OF THE YEAR - Unite Private Networks - Tillman FiberCo - Horizon Telcom - DQE Communications LLC - Blue Stream Fiber - All West Communications DIGITAL INFRASTRUCTURE DEAL OF THE YEAR - LATAM - Phoenix Tower International - MXT Holdings and Centennial Towers - Millicom Colombia towers (Millicom (Tigo)) - Liberty Latin America towers - Fibra Entel - Digicel Group View the full list of shortlists: https://bit.ly/4feK73s Cox Communications | Northleaf Capital Partners | Shentel | GI Partners | Sixth Street | Novacap | BlackRock | Grain Management, LLC | Ardian Infrastructure | KKR | Nexo Latam | ON*NETFIBRA | #Digitalinfrastructure #Fiber #Fibre #Financing #Dealmaking #Dealmakers #DealOfTheYear #B2BAwards #B2BNetworking #B2BEvent #NewYorkEvent #TMT #MergersAndAcquisitions #Recognition #Achievement #CelebratingSuccess #TMTFinance
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CMS has advised NJJ, owned by Xavier Niel, and Horizon Capital on a USD 435M financing from EBRD and IFC - International Finance Corporation for the acquisition of lifecell and Datagroup-Volia in Ukraine. This historic merger creates a converged telecom platform, driving growth and resilience in Ukraine’s telecom sector. The financing signing ceremony was held in Paris on 9 October, with over 50 participants, including the European Commission and high-level officials from France and Ukraine. It is not only unprecedented investment and financing under the current circumstances, but also the largest in the last decade. More details on the deal: https://lnkd.in/e24qF4pJ #cmslaw #Ukraine #successdeal #Telecom #Investment #DigitalTransformation
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𝐂𝐏𝐏 𝐈𝐧𝐯𝐞𝐬𝐭𝐬 $𝟐.𝟐 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐓𝐞𝐥𝐞𝐜𝐨𝐦 𝐈𝐭𝐚𝐥𝐢𝐚'𝐬 𝐋𝐚𝐧𝐝𝐥𝐢𝐧𝐞 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 The Canada Pension Plan Investment Board (CPP) acquires a 17.5% stake in Telecom Italia SpA's landline network, joining forces with KKR & Co. and other investors in a deal valuing the network at €18.8 billion. This strategic move aims to upgrade Italy's telecom infrastructure, enhancing fiber-based services. Telecom Italia's shares saw a notable increase following the announcement, amidst efforts to alleviate debt. #finance #news #CPPInvestment #TelecomItalia #InfrastructureInvestment Source:- https://lnkd.in/dBVptP-W
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European private equity firm Ardian is considering a potential offer for a controlling stake in telecom tycoon Patrick Drahi’s French fiber company XpFibre. KKR and Global Infrastructure Partners (GIP) are also vying for the business, which builds and operates fiber-to-the-home infrastructure in France. KKR is the most advanced bidder in the process, having started carrying out due diligence on the company earlier this year. A deal could value XpFibre, which is owned by Drahi’s Altice France, at around €6bn to €7bn including debt. XpFibre had about €2.5bn of net debt as of 2023, according to a September investor presentation. Altice France owns 50.01% of XpFibre, while the balance is held by a consortium majority-led by OMERS Infrastructure that also includes ACP | Allianz Capital Partners and AXA Investment Managers Real Assets. The OMERS consortium acquired its 49.99% stake for €1.7bn in 2019, valuing the unit at €3.4bn. Bloomberg News previously reported that KKR and Macquarie Group were shortlisted in the bidding. Deliberations are ongoing and there’s no certainty they will result in a deal. #MergersAcquisitionsDivestitures #PrivateEquity #FibreOptics #Telecommunication
Ardian said to join bidding for Altice’s €7bn XpFibre unit.
bloomberg.com
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CMS has advised a consortium led by NJJ Holding (“NJJ”) – the investment firm owned by Xavier Niel, founder of European telecom group Iliad – and U.S. private equity firm Horizon Capital, on the landmark acquisition of Datagroup-Volia, Ukraine’s leading fixed telecom and pay TV provider, and Lifecell, the country’s third-largest and fastest-growing mobile operator. This landmark transaction merges Datagroup-Volia and Lifecell, creating a converged telecom platform that will support the continued growth, modernisation, and resilience of Ukraine's telecommunications sector. It represents the first major investment by a new market entrant and strategic investor since the onset of the full-scale war in Ukraine, a testament to the sustained confidence in the country's telecoms industry. The newly combined platform will deliver mobile connectivity to nearly 10 million Ukrainians, while its fixed network will reach over 4 million households nationwide. Future integration will enable the platform to offer a triple-play service, combining mobile, fixed connectivity, and pay-TV, enhancing service quality, pricing, and the integration of European standards.
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Day 2 of Connected Britain (for those left standing!) Different day, same message. Local Authorities across the UK are in a tight spot, greater financial constraints seem a common theme. Property is being marketed and sold off in swathes. Why not capitalise your telecoms agreements! Telecoms agreements create a burden on resources across multiple departments, why not realise a financial injection and a time saving for your employees? Either find me at the event, or contact me afterwards, it’s time to realise there is another way with Telecom Infrastructure Partners (TIP) #LocalAuthority #telecoms #digitalchampion #Funding #ConnectedBritain
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Empowering Connectivity: CG Corp Global Expands Telecom Portfolio with Acquisition of Beeline as it ventures into Kyrgyzstan Telecom Market. Learn more about this milestone transaction reshaping digital connectivity! #CGCorpGlobal #BeelineKyrgyzstan #TelecomExpansion #Chaudharygroup
VEON sells stake in Beeline Kyrgyzstan to CG Corp Global By Investing.com
investing.com
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In a recent article published in the Dutch Journal of European Law (‘Nederlands tijdschrift voor Europees recht’), Jurre Jurriëns and Fiorri Michael discuss the European Court of Justice’s CK Telecoms ruling, overturning the General Court’s decision on the proposed acquisition of O2 by Three. This decision is particularly relevant in light of the recent Draghi report on the future of European competitiveness, which recommends facilitating consolidation in the telecoms sector to deliver higher rates of investment in connectivity. In the article, they address: 1️⃣ No higher standard of proof for #EuropeanCommission and wider discretion 2️⃣ Stricter merger reviews for sectors with fewer players 3️⃣ Challenging implications for M&A in the telecom sector ➡️ Read the full article here: https://lnkd.in/e42S-avW. If you would like to hear more, please feel free to connect with Jurre Jurriëns and Fiorri Michael. #Antitrust #MergerControl #Telecom #MergersAndAcquisitions
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CMS has advised a consortium led by NJJ HOLDING—the investment firm owned by Xavier Niel, founder of European telecom group iliad—and U.S. private equity firm Horizon Capital, on the landmark acquisition of DATAGROUP-Volia, Ukraine’s leading fixed telecom and pay TV provider, and lifecell Ukraine, the country’s third-largest and fastest-growing mobile operator. This landmark transaction merges Datagroup-Volia and Lifecell, creating a converged telecom platform that will support the continued growth, modernisation, and resilience of Ukraine's telecommunications sector. It represents the first major investment by a new market entrant and strategic investor since the onset of the full-scale war in Ukraine, a testament to the sustained confidence in the country's telecoms industry. To learn more details about the transaction, read the full story: https://lnkd.in/eHbCRJV5 #cmslaw #ukraine #successstory #deals2024 #telecommunications #network #media #communications #TMC #mergersandacquisitions #investments #successdeal
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