Posts Tagged ‘Vodafone’

Increase in M&A Expected in Spain

Increase in M&A Expected in Spain

Spanish companies are expected to be hot on the acquisition trail over the next 12 months, as confidence in the economic recovery continues to increase, according to consultancy firm EY. Around 50 percent of the firms participating in the survey hope to be actively involved in M&A deals within the next year, says the EY Capital Confidence Barometer. And one in every four companies is evaluating at least five possible transactions within that timeframe, with emerging markets like China, India and Brazil on their radar as well as Spain.

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Orange Buys Up Jazztel in Spanish Market

Orange Buys Up Jazztel in Spanish Market

As Spain’s economic recovery continues, and both the government and international organisations like the International Monetary Fund (IMF) upgrade their growth forecasts, M&A deals are thriving! The latest protagonist is French telecoms operator Orange which last month won approval from Spanish regulators for its 3.4 billion euros buyout of local broadband and cellphone operator Jazztel PLC. The European Commission gave the deal its green light after Orange agreed to a package of divestments and network-sharing agreements to help launch a new telecoms operator in Spain.

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Spain M&A Sector Continues Growing

Spain M&A Sector Continues Growing

Companies across the globe are expected to show increased appetite for M&A in 2015, continuing the positive trend registered last year, consultancy firm KPMG said in its February M&A Predictor report. As the impact of the financial crisis has eased over the last two years or so, firms have been able to pay down debt and start building up cash to fund fresh acquisitions. Easier access to credit has also been a factor influencing the rise in deals in 2014.

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Spain M&A Boosted by Growing Optimism

Spain M&A Boosted by Growing Optimism

Spain has been a hub of M&A activity over the last 12 months and the outlook for 2015 is rosy as the economy continues to improve. Renewed foreign investor interest in Spanish assets, combined with local companies’ expansion ambitions at home, have helped fuel an increase in acquisitions across a range of sectors.

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McCann Says Spain’s Economic Crisis is History

McCann Says Spain’s Economic Crisis is History

Global marketing firm McCann has joined the ranks of leading businesses, investors and economists confident about Spain’s economic recovery.
The revival in the country’s advertising market in 2014 is a good indication of how companies’ growth expectations are improving, according to Felix Vicente, head of McCann’s operations in southern Europe.

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MasMovil Ibercom Buys Xtra Telecom

MasMovil Ibercom Buys Xtra Telecom

Spanish telecommunications provider MasMovil Ibercom is back on the M&A trail in its quest to become one of the country’s top five operators.
In July, it closed a preliminary agreement to buy The Phone House Holdings’ Spanish unit Xtra Telecom.

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Bank of Spain States Investment is Growing

Bank of Spain States Investment is Growing

As Spain’s economy is set to enter a second year of recovery from a deep recession, the Bank of Spain has rubber stamped many economists forecasts for accelerated growth in 2014 and 2015.
Last month, the Madrid-based central bank revealed that second quarter GDP expanded 0.5 percent from the first quarter, when it rose 0.4 percent.

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Telecoms Merger Creates Competition for Vodafone

Telecoms Merger Creates Competition for Vodafone

The fight for market share amongst Spain’s telecommunications firms is gaining momentum in the wake of recent M&A deals.
Last month, business-focused telco Ibercom and mobile virtual network operator (MVNO) MasMovil announced plans to merge and become the third largest operator in the sector.
The agreement will enhance the companies’ capabilities to compete, by integrating fixed and mobile voice and data services

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Vodafone Snaps Up Spain’s ONO for $10 Billion

Vodafone Snaps Up Spain’s ONO for $10 Billion

Vodafone has taken another step towards achieving its goal of becoming a top European integrated communications provider with its recent swoop on Spanish cable operator ONO.

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