Spanish regulator approves Jazztel acquisition

The Spanish markets regulator, the CNMV, has given a green light to Orange’s proposed acquisition of Jazztel following EC clearance of the deal last week.  The move means that Orange is now free to go ahead with its offering for publicly-listed Jazztel’s stock. The telco is offering €13 per share in cash, valuing the alternative […]

Telefónica closes Canal+ Spain acquisition

Telefónica has closed its acquisition of Prisa’s 56% stake in pay TV outfit Canal+ España following approval of the deal by the country’s competition watchdog, the CNMV.  Telefónica will pay €706.8 million for the stake, giving it 100% control of the operation. The operator has already transferred 80% of the total, or €565.4 million. The […]