BFW 04/20 05:20 Liberty Global’s Subsidiary Telenet to Buy BASE for About EU1.3b
BUS 04/20 05:15 Liberty Global’s Subsidiary Telenet to Acquire BASE
BN 04/20 05:18 *TELENET TO FINANCE PURCHASE VIA EU1.0B NEW DEBT, EXISTING CASH
BFW 04/20 05:17 *TELENET TO BUY KPN’S BELGIAN BASE UNIT FOR EU1.33 BLN
BN 04/20 05:17 *TELENET TO BUY KPN'S BELGIAN BASE UNIT FOR EU1.33 BLN
BN 04/20 05:17 *TELENET SEES TO SPEND ABOUT EU240M TO UPGRADE BASE NETWORK
BFW 04/20 05:16 *LIBERTY GLOBAL’S UNIT TELENET TO ACQUIRE BASE
BN 04/20 05:16 *TELENET ALL CASH TRANSACTION VALUES BASE AT EU1.325B
BN 04/20 05:15 *TELENET GROUP ALL CASH TRANSACTION VALU ES BASE €1.325B
BN 04/20 05:15 *LIBERTY GLOBAL’S UNIT TELENET TO ACQUIRE BASE
BN 04/20 05:15 *LIBERTY GLOBAL’S UNIT TELENET TO BUY BASE
BUS 04/20 05:15 Liberty Global’s Subsidiary Telenet to Acquire BASE
BN 04/20 05:18 *TELENET TO FINANCE PURCHASE VIA EU1.0B NEW DEBT, EXISTING CASH
BFW 04/20 05:17 *TELENET TO BUY KPN’S BELGIAN BASE UNIT FOR EU1.33 BLN
BN 04/20 05:17 *TELENET TO BUY KPN'S BELGIAN BASE UNIT FOR EU1.33 BLN
BN 04/20 05:17 *TELENET SEES TO SPEND ABOUT EU240M TO UPGRADE BASE NETWORK
BFW 04/20 05:16 *LIBERTY GLOBAL’S UNIT TELENET TO ACQUIRE BASE
BN 04/20 05:16 *TELENET ALL CASH TRANSACTION VALUES BASE AT EU1.325B
BN 04/20 05:15 *TELENET GROUP ALL CASH TRANSACTION VALU ES BASE €1.325B
BN 04/20 05:15 *LIBERTY GLOBAL’S UNIT TELENET TO ACQUIRE BASE
BN 04/20 05:15 *LIBERTY GLOBAL’S UNIT TELENET TO BUY BASE
MORE: Telenet to Buy KPN’s Belgian Base Unit for EU1.33b Cash
2015-04-20 05:32:29.827 GMT
By Grant Clark
(Bloomberg) -- Telenet to finance deal through EU1b of new
debt and existing liquidity: statement.
* Telenet says deal values Base at 8.0x 2015 adj. Ebitda as
adjusted by Telenet
* 5.0x adj. Ebitda as adjusted for projected annual run-
rate synergies and one-off investments
* 5.0x adj. Ebitda as adjusted for projected annual run-
rate synergies and one-off investments</li></ul>
* Telenet to spend ~EU240m including on Base’s mobile network
and integration costs over “next few years”
* Complements earlier EU500m investment in Telenet’s HFC
network
* Expects to achieve combined annual run-rate opex and capex
synergies of ~EU150m largely by migration of Telenet’s
mobile subscriber base to Base network
* Deal subject to approval from relevant competition
authorities
* Telenet conference call at 7:30am CET +44 20 3427 1909 or
+32(0)2 404 0660 dial-in ID 9329880.
Link to Statement:Link
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Grant Clark in Singapore at +65-6212-1101 or
gclark@bloomberg.net
Grant Clark
2015-04-20 05:32:29.827 GMT
By Grant Clark
(Bloomberg) -- Telenet to finance deal through EU1b of new
debt and existing liquidity: statement.
* Telenet says deal values Base at 8.0x 2015 adj. Ebitda as
adjusted by Telenet
* 5.0x adj. Ebitda as adjusted for projected annual run-
rate synergies and one-off investments
* 5.0x adj. Ebitda as adjusted for projected annual run-
rate synergies and one-off investments</li></ul>
* Telenet to spend ~EU240m including on Base’s mobile network
and integration costs over “next few years”
* Complements earlier EU500m investment in Telenet’s HFC
network
* Expects to achieve combined annual run-rate opex and capex
synergies of ~EU150m largely by migration of Telenet’s
mobile subscriber base to Base network
* Deal subject to approval from relevant competition
authorities
* Telenet conference call at 7:30am CET +44 20 3427 1909 or
+32(0)2 404 0660 dial-in ID 9329880.
Link to Statement:Link
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Grant Clark in Singapore at +65-6212-1101 or
gclark@bloomberg.net
Grant Clark