0
Broadcast & Satellite

CME announces stock offering

Monday 6 May 2013 | 11:01 CET | News
Central European Media Enterprises announced the pricing of an underwritten public offering of 54.4 million shares of its Class A common stock for USD 2.75 per share. The offering is expected to close on 8 May, subject to customary closing conditions. JP Morgan is acting as the sole book-running manager for the offering. CME has granted the underwriters an option to purchase up to an additional 5.4 million shares if demand warrants. Time Warner Media, CME's largest shareholder, has exercised its preemptive right to purchase 49.9 percent of the shares. Subject to the closing of the offering

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Try more access to meet your needs.

  • More frequent visitors may register for free and read up more articles. Register here
  • Very frequent users can subscribe and get unlimited access.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Central European Media Enterprises / Time Warner
Countries: Eastern Europe
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.







-/-3.3%
Drop mobile service revenues in 2015
Netherlands  |  2015

Calendar   /   Industry Events

02 May SBA Communications Q1 2016
02 May Ceva Q1 2016
02 May Broadsoft Q1 2016
02 May Interactive Intelligence Q1 2016
03 May Doro Q1 2016
03 May Frontier Communications Q1 2016
03 May Sprint fiscal Q4
03 May Harris fiscal Q3
03 May Inwit Q1 2016
03 May Viavi fiscal Q3
03 May Glu Mobile Q1 2016
03 May Calix Q1 2016
03 May AudioCodes Q1 2016
03 May Magyar Telekom Q1 2016
03 May Swisscom Q1 2016
04 May Proximus Q1 2016
04 May Otelco Q1 2016
04 May Freenet Q1 2016
04 May Interxion Q1 2016
04 May Ote Q1 2016
04 May Zynga Q1 2016
04 May Centurylink Q1 2016
04 May CSG Q1 2016
04 May Deutsche Telekom Q1 2016
04 May iPass Q1 2016
04 May Equinix Q1 2016
04 May Aerohive Networks Q1 2016
04 May Arris Q1 2016
04 May Lumentum fiscal Q3
04 May Mobistar AGM 2015
::: More Calendar Items