9 Sep 2014 08:38
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Don't have an account? Click here to register.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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26 Aug 2014 10:07
Cable & Wireless Communications buys Panama's Sonitel for $36m
Cable & Wireless Communications (CWC) said on Tuesday it acquired Panama-based Grupo Sonitel through its subsidiary Cable & Wireless Panama. The British telecoms company will pay $36m and an extra $5m to acquire the IT provider, which employs more than 350 people. Chief executive Phil Bentley sai
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22 Aug 2014 15:55
Sector movers: Renewed AT&T bid hopes at Vodafone lift telecoms
Renewed hopes of a potential bid by AT&T for Vodafone were giving the mobile telecoms sector a boost on Friday. Vodafone shares were up 1.4% at 205.35p in afternoon trade on the back of hopes that AT&T, which was rumoured to be considering an offer earlier in the year for the mobile phone group, wi
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Sector movers: BT and Dixons Carphone drag telecoms lower
Telecoms stocks were among the worst performers in London on Friday with BT Group and newly-merged Dixons Carphone trading in the red. BT was 1.5% lower on reports that the company will have to wait until next month before a court will give its verdict on its long-running battle with BSkyB over who
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