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Cable & Wireless reveals further details on Liberty Global takeover

Mon, 22nd Feb 2016 15:19

(ShareCast News) - Cable & Wireless Communications shares rose on Monday after the company said it had reached an agreement on the terms of Liberty Global's proposed takeover deal.Liberty Global has offered to buy the entire issued share capital of CWC for £5.4bn, expanding its telecoms business in Latin America and the Caribbean.CWC said under the recommended offer its shareholders will be entitled to receive for each of its shares, 0.008301 new Liberty Global class A ordinary shares and 0.020321 new Liberty Global class C ordinary shares, as well as a special dividend.The consideration under the recommended offer would represent an indicative value of 75.70p per CWC share based on the closing price of Liberty's shares on 19 February of $37.10 per ordinary class A share and $36.19 per ordinary class C share.Shares in CWC rose 2.89% to 74.80p at 1529 GMT.
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3 Feb 2015 16:00

UK Earnings, Trading Statements Calendar - Week Ahead

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9 Jan 2015 06:20

UK Dividends Calendar - Week Ahead

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15 Dec 2014 09:29

Monday broker round-up

Ashtead Group: Berenberg raises target price from 1170p to 1345p and keeps its 'buy' recommendation. Aviva: Citi increases target price from 590p to 620p and maintains a 'buy' recommendation. Bellway: Deutsche Bank ups target price from 1760p to 1778p and reiterates its 'hold' recommendation. Berk

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20 Nov 2014 21:44

Cable & Wireless helped Britain spy on the world -Channel 4

LONDON, Nov 20 (Reuters) - Telecommunications firm Cable & Wireless helped Britain eavesdrop on millions of Internet users worldwide, Channel 4 reported on Thursday, citing previously secret documents leaked by a fugitive former U.S. National Security Agency contractor. Cable & Wireless, wh

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20 Nov 2014 11:50

Cable & Wireless closer to acquiring Columbus International, downgraded to hold by Deutsche Bank

Cable & Wireless Communications (CWC) is a step closer to completing its acquisition of Columbus International Inc, a leading, privately owned fibre-based telecommunications and technology provider that operates in the Caribbean, Central America and the Andean region. CWC agreed the terms of the con

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18 Nov 2014 09:42

Tuesday broker round-up

Aggreko: HSBC raises target price from 1550p to 1650p and maintains a neutral rating. Al Noor Hospitals: Citi initiates with a target price of 1240p and a buy recommendation. Barclays: Credit Suisse ups target price from 230p to 250p and keeps a neutral rating. Bodycote: JP Morgan cuts target pric

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14 Nov 2014 10:06

UK BROKER RATINGS: Shore Capital Initiates TSB With Buy

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14 Nov 2014 06:16

UK Dividends Calendar - Week Ahead

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13 Nov 2014 16:49

Flush from Columbus win, C&W says set to take battle to Caribbean rival

By Kate Holton and Paul Sandle LONDON, Nov 13 (Reuters) - Cable & Wireless Communications Plc believes its expensive victory in the battle to buy broadband and TV provider Columbus will give it the heft it needs to take on fierce rival Digicel in the Caribbean. C&W, which has sold ope

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13 Nov 2014 16:30

UK Dividends Calendar - Week Ahead

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11 Nov 2014 17:16

CORRECT: DIRECTOR DEALINGS: Cable & Wireless Executives Buy Shares

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11 Nov 2014 11:37

DIRECTOR DEALINGS: Cable & Wireless Executives Buy Shares

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11 Nov 2014 10:20

UK BROKER RATINGS: Numis Raises Fenner To Buy, Croda To Add

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10 Nov 2014 11:11

DIRECTOR DEALINGS: Cable & Wireless Non-Executive Buys Shares

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7 Nov 2014 12:21

UK MIDDAY BRIEFING: IAG Set To Introduce Dividend From Next Year

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