The boards of directors of Russian mobile operator Mobile TeleSystems (MTS) and fixed-line triple-play provider Comstar-UTS have agreed terms for the acquisition of Comstar by MTS.
Comstar-UTS shareholders will receive 0.825 common shares in MTS for each Comstar share they own, representing a premium of 7.7% over average trading conversion ratio for the past three months. The deal is still subject to regulatory approval and the approval of Comstars shareholders. MTS currently owns a 61.97% stake in Comstar. The pair have said that the merger will allow the promotion and cross-selling of bundled packages and will produce synergies of US$200m (Â162m).Â
DTVE unveils details of latest digital symposium digitaltveurope.com/2021/09/20/dtv… https://t.co/ebXIduPTwi
25 September 2021 @ 15:00:02 UTC
DTVE: the week in view – The changing face of Liberty Global digitaltveurope.com/comment/the-ch… https://t.co/valCOiObzP
25 September 2021 @ 12:00:02 UTC
DTVE: the week in view – The changing face of Liberty Global digitaltveurope.com/comment/the-ch… https://t.co/PRoEtPpcMD
24 September 2021 @ 17:55:00 UTC