The international telecommunications company Liberty Global has made an offer to the Swiss Provider Sunrise Communications Group AG on the acquisition, the value of the transaction is estimated at 6.8 billion Swiss francs ($ 7.4 billion), the company said.
“Liberty Global announced today, that in accordance with the terms of the agreement between Liberty Global and Sunrise Communications Group AG, Liberty Global has agreed to make a mandatory tender offer for the purchase of all Sunrise shares for 110 Swiss francs per share, “- said in a statement.
The premium is 32% of the weighted average market price of Sunrise shares for the last 60 days at 83.17 Swiss francs. The total value of the operation is estimated at 6.8 billion Swiss francs, or 7.4 billion dollars. The operation is expected to be completed after obtaining the necessary approvals, which the parties expect at about the end of this year, and compliance with other conditions.
After reports of a deal Sunrise Communications shares rise in price by 26%, the value of the securities reached their historic record of 109 Swiss francs per share.
The American satellite company Kymeta announced the attraction of $ 85.2 million in the last round of financing. The round was led by Microsoft founder Bill Gates, who invested $ 78.5 million in the startup. Kymeta develops and manufactures high-speed satellite systems and antennas. The main product of the company is a flat satellite antenna […]
NBU gave the permission on 100% of shares purchasing of Com in Bank to the foreign investors. The representatives of National bank of Ukraine made the official statement. According to the source, Stefan Pinter, the chairman of GML Capital Fund, submitted the application for implementation of the transaction about the financial organisation assets acquisition two […]
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The German Federal Office of Shipping and Hydrography has allowed the laying of the Nord Stream-2 gas pipeline on a 2-kilometer stretch in the German exclusive economic zone. This is stated in a statement by the regulator on Monday, May 17. The decision concerns works with the help of vessels with an anchor positioning system. […]
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In Ukraine, the market for the sale of agricultural land started operating on July 1. From that day on, the moratorium, which has been in force since the country’s independence, has expired. Until January 1, 2024, the right to sell and buy land will be only for individuals (citizens of Ukraine). “Until January 1, 2024, […]
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Since the beginning of February, the market value of the American electric car manufacturer Tesla Inc. decreased by 34%. So, before the stock quote Tesla Inc. decreased following the fifth trading session in a row, losing a total of 21% during this period. The price of Tesla securities peaked on January 26, when the capitalization […]
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The Ministry of Infrastructure has developed a draft order that will allow Ukraine to establish production of hydrogen-powered cars. This was reported on the website of the ministry. It is noted that today in Ukraine there are no requirements for hydrogen transport. These are electric vehicles on hydrogen fuel cells. They run on compressed hydrogen. […]
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In the new year Ukrposhta will invest in its development up to 500 million UAH. It is reported by the press service of the national postal operator, referring to the words of the CEO – Ihor Smilianskyi. According to the original source, in the new year the investment plan is going to be increased in […]
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Agricultural company Mriya paid 192.4 million UAH of tax deductions and provided assistance to local communities of 22 million UAH. Since the affiliation under the control of creditors in February 2015, “Mriya” Agro Holding paid 192.4 million UAH of tax payments to budgets of all levels. In addition, last year the company provided social assistance […]
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In 2017, stops its work another bank in Ukraine. This is the PJSC Bank Trust . The decision on liquidation of the financial institution was taken on December 29th at the meeting of the National Bank of Ukraine. Information about this was also posted on the official resource of Guarantee Fund deposits of natural persons. […]
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The three-star hotel metropolitan complex Rus intends to buy a stake of five-star hotel Premier Palace. The nominal value of ordinary registered shares of Premier Palace is 0.25 UAH / pc, and the equity capital of the company – 366 700 000 UAH. The hotel complex Rus, which is located in the center of Kyiv […]
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SpaceX will launch a heavy Falcon 9 launch vehicle into orbit with another batch of 60 Starlink mini-satellites. Spaceflight Now reports on Sunday, March 7. The satellites will launch from the 40th launch complex of the Kennedy Space Center (Florida) on March 9 at 21:55 EST. The launch will be the 21st launch of a […]
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Shares of the British-Swedish pharmaceutical company AstraZeneca on the London Stock Exchange (LSE) are down 1.69% after reports of stopping trials of the corona virus vaccine, according to trading platform data. Securities lost 1.69% in value, dropping to 82.07 pounds sterling. The basic index of the British stock market FTSE 100 on Wednesday traded in […]
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The State Property Fund of Ukraine representative informed that 99,99% of Ukrainian Bank for Reconstruction and Development (UBRD) had been sold to Bohai Commodity Exchange within the auction second round. The State Institution posted this information on the official web-site. The transaction value consists 82,8 million UAH. The asset’s cost of Ukrainian bank was underestimate […]
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In the second quarter, the Australian economy fell by 7% to the first quarter amid a coronavirus pandemic. In the previous quarter, the decline was 0.3%. Thus, Australia has entered a recession for the first time in 30 years. The quarterly decline in GDP has been the highest since the beginning of observations in 1959. […]
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In September 2020, the Italian company Lamborghini sold 738 cars worldwide. This is a new record for the company, according to its website. At the same time, in the third quarter of 2020, 2,083 Lamborghini cars were sold worldwide. In the spring of this year Lamborghini was forced to close all its plants for two […]
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Electric car maker Tesla has agreed with brokerage companies to sell its shares for a total of $ 5 billion. This was reported by Bloomberg, citing documents submitted to the US Securities and Exchange Commission (SEC). The shares will be sold at the market price. This is the third sale of Tesla shares in 2020. […]
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Shares of Nvidia, which rose on 109.7% since the beginning of the year, reached a new high record on Monday, as a result, Nvidia’s capitalization market for the first time exceeded $ 300 billion, it is significantly higher than the estimated market of Intel in $ 210 billion. Wall Street experts said that Nvidia was […]
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