0
General

Iliad board recommends Niel buy-out bid to shareholders

Thursday 26 August 2021 | 11:26 CET | News
French operator Iliad has recommended that minority shareholders accept the proposed buy-out offer from controlling shareholder Xavier Niel. An independent analysis of the EUR 182 per share bid found it was fair and higher than any amount achieved in standard valuation methods. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Iliad
Countries: France
::: add a comment

Add comment

Please login or register to leave a 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.


Related

Niel increases Iliad stake to 84% as French watchdog AMF approves buy-out offer

Published 09 Sep 2021 09:52 CET | France
Iliad's controlling shareholder Xavier Niel is set to own 84.13 percent of the group's share capital after his holding company ...

Last week in telecoms: Vodafone and Viaplay plan investor days, AT&T focuses on direct-to-consumer video

Published 30 Aug 2021 11:30 CET | World
The earnings season is nearing an end, with Bouygues Telecom and Salt among the last to report. Vodafone and the NENT Group are ...

Wrap-up week 34: Vodafone en Viaplay kondigen investor days aan, AT&T/CNN/HBO concentreert zich op de directe klantrelatie

Published 30 Aug 2021 10:57 CET | World
Het kwartaalcijferseizoen liep op z'n einde met de resultaten van Bouygues en Salt, belangrijke 'peers' van T-Mobile Nederland. ...

Iliad to go private after Niel makes buy-out offer, service revenues up 6.3% in Q2

Published 30 Jul 2021 11:21 CET | France
Xavier Niel is launching a public tender offer for Iliad shares, which will lead to the delisting of the company from the Paris ...