Tele2-Com Hem deal due to close next month following EC approval

Com Hem has applied to delist its shares from Nasdaq Stockholm after the European Commission approved Swedish telco Tele2’s takeover of the cable operator. Com Hem said it expects the Tele2 deal to close on November 5, 2018, after the EC approved the merger unconditionally. Com Hem’s last day of trading is tentatively expected to […]

Roku files for IPO of up to US$100m

Streaming device maker Roku has filed for an initial public offering at a proposed maximum offering price of US$100 million. Loss-making Roku filed a registration statement with the US Securities and Exchange Commission on Friday, but said that the number of shares to be offered and the price range for the proposed offering have not […]

Nasdaq to delist CTC Media for failing to follow rules

CTC Media has confirmed that the Nasdaq will delist the company from the stock market after the Russian media firm failed to meet listing rules. In a statement, CTC said that the decision was reached by Nasdaq “because, among other reasons, the company did not hold an annual meeting for fiscal year 2015, as required […]