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General

Ono presses ahead with IPO amid takeover interest - report

Thursday 30 January 2014 | 09:19 CET | News
Spanish cable operator Ono, reportedly a takeover target for Vodafone and Liberty Global, has filed a preliminary prospectus for an initial public offering with Spain's market regulator CNMV, the Financial Times reports, citing unnamed sources familiar with the situation. The filing gives Ono three months to make its formal application to float and the sources suggest that both a sale and a listing are being considered in order to raise the most money for the company, which is interested in acquiring several cable and telecoms businesses, mainly in northern Spain where its coverage is less

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Categories: General
Companies: Euskaltel / Liberty Global / Ono / R / Telecable / Vodafone
Countries: Spain
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