0
General

Kcom Group confirms GBP 504 mln takeover offer from private pension fund

Thursday 25 April 2019 | 10:06 CET | News
Hull, UK-based telecoms company Kcom Group has received a takeover bid of 97 pence in cash per share from Bidco, a wholly-owned indirect subsidiary of Universities Superannuation Scheme (USSL), corporate trustee of one of the UK's largest private sector pension funds. The Kcom Board is recommending the offer to shareholders.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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?



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: General
Companies: Kcom
Countries: United Kingdom
::: 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.


Related

BT executives split over cutting dividend to fund full-fibre plans - report

Published 06 May 2019 09:25 CET | United Kingdom
Senior BT executives are understood to be divided over whether the company should cut its dividend to increase investment in ...

European telco M&A: are 1&1 Drilisch and Iliad ripe for takeovers?

Published 02 May 2019 13:06 CET | Europe
Telecompaper has compiled its own stock index since early 2018, based on all the European telecom service stocks. Some stocks ...

Last week in telecoms: another takeover, focus on Spain and earnings reports

Published 29 Apr 2019 07:01 CET | Europe
Last week's absolute outperformer was KCom, after it accepted a takeover bid. Other significant news included network sharing in ...

Virgin eyes Kcom takeover to boost network coverage - report

Published 11 Feb 2019 14:19 CET | United Kingdom
Virgin Media is considering a takeover of Hull, UK-based telecoms company Kcom, reports The Telegraph newspaper....

Ofcom revises Kcom regulatory financial reporting requirements

Published 06 Feb 2019 23:01 CET | United Kingdom
UK regulator Ofcom has published changes to Kcom's regulatory financial reporting requirements. This follows the reviews of ...

Kcom Group confirms appointment of new CFO

Published 11 Jan 2019 11:18 CET | United Kingdom
UK telecoms company Kcom Group has appointed Anna Bielby as Chief Financial Officer (CFO) with immediate effect. ...

Kcom Group to appoint new Non-Executive Chairman

Published 09 Jan 2019 10:51 CET | United Kingdom
UK telecoms company Kcom Group announced that Graham Holden has stepped down from his position as Non-Executive Chairman, and ...

Ofcom proposes BT, Kcom as universal broadband service providers

Published 05 Dec 2018 22:12 CET | United Kingdom
UK regulator Ofcom has proposed to designate BT and Kcom as broadband universal service providers. It is also consulting on ...

Kcom refreshes Lightstream fibre broadband plans

Published 05 Dec 2018 10:29 CET | United Kingdom
Hull, UK-based telecoms provider Kcom has unveiled lower prices and new unlimited packages for its Lightstream fibre broadband ...

Kcom Group reports interim revenue down 5%,

Published 30 Nov 2018 11:28 CET | United Kingdom
UK telecoms company Kcom Group has reported unaudited group revenue (IFRS 15/9) for the six months to 30 September down 5 percent ...

Kcom lowers EBITDA forecast, plans new unlimited fibre broadband offers

Published 22 Nov 2018 10:28 CET | United Kingdom
UK telecoms provider Kcom Group has issued a revised trading outlook for FY 2019 and FY 2020. The Board now believes that the ...





Calendar   /   Industry Events

20 May Telecom Italia Q1 2019
20 May Xiaomi Q1 2019
21 May Honor press conference
21 May ICT Spring Europe
21 May NGON & DCI World
21 May MVNOs World Congress
21 May 1&1 Drillisch AGM
21 May Connections 2019
21 May Small Cells World Summit
21 May Telefonica Deutschland AGM
22 May Analog Devices fiscal Q2
22 May China Mobile AGM
22 May Network Virtualization & SDN Europe
23 May Lenovo fiscal Q4
23 May MTS Q1 2019
23 May Weibo Q1 2019
23 May Sina Q1 2019
23 May Bezeq Q1 2019
23 May ViaSat fiscal Q4
23 May United Internet AGM
23 May Report: Dutch Broadband 2019-Q1
24 May Ice Group Q1 results
::: More Calendar Items