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

Macquarie completes acquisition of UK telecoms company Kcom

Published 19 Aug 2019 11:14 CET | United Kingdom
Macquarie Infrastructure & Real Assets (MIRA) confirmed that it has finalised the acquisition of UK telecoms provider Kcom ...

Macquarie wins bidding for UK operator Kcom

Published 15 Jul 2019 08:43 CET | United Kingdom
The Macquarie European Infrastructure Fund has won the bidding for UK operator Kcom. The mandatory auction of the company ...

MEIF 6 Fibre submits higher offer for Kcom

Published 11 Jul 2019 11:14 CET | United Kingdom
UK telecoms company Kcom Group has received an increased cash offer from MEIF 6 Fibre of 109.5 pence per share. This beats the ...

Private pension fund submits higher cash offer for Kcom

Published 09 Jul 2019 17:13 CET | United Kingdom
UK telecoms company Kcom Group has received an increased cash offer from Humber Bidco, wholly-owned indirect subsidiary of ...

Takeover Panel announces auction for sale of Kcom

Published 04 Jul 2019 16:49 CET | United Kingdom
The Panel on Takeovers and Mergers (Takeover Panel) has announced an auction for the sale of UK telecoms provider Kcom Group ...

Kcom wins Connected Britain award for Fibre Connectivity

Published 21 Jun 2019 10:51 CET | United Kingdom
Kcom has won the Fibre Connectivity Award at the Connected Britain Awards for its Lightstream fibre broadband network....

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

21 Oct Logitech fiscal Q2
21 Oct Brand Marketing and Digital Summit
22 Oct DNA Q3 2019
22 Oct Calix Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Snap Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct Orange Belgium Q3 2019
23 Oct Telenor Q3 2019
23 Oct Millicom Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Microsoft fiscal Q1
23 Oct Netgear Q3 2019
23 Oct Annual Customer Service Summit
24 Oct Netia Q3 2019
24 Oct Comcast Q3 2019
24 Oct Nokia Q3 2019
24 Oct Juniper Networks Q3 2019
24 Oct Norwegian telecoms market H1 report
24 Oct Smith Micro Q3 2019
24 Oct Verisign Q3 2019
24 Oct STMicroelectronics Q3 2019
24 Oct Televisa Q3 2019
24 Oct Nordic Entertainment Q3 2019
24 Oct Amazon Q3 2019
24 Oct HKBN fiscal FY
24 Oct Maxlinear Q3 2019
25 Oct Verizon Q3 2019
25 Oct Shaw Communications fiscal Q4
25 Oct Charter Communications Q3 2019
::: More Calendar Items