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Africa represents new frontier for tech dealmakers

JD Supra: Mergers

The continent’s growing population is producing a wealth of investment opportunities as demand for digital services ramps up - The technology, media and telecommunications (TMT) sector has been a major driver of Africa’s dealmaking since the pandemic, posting the highest aggregate value across all sectors on the continent over the past three years.

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AERKOMM and Nasdaq-Listed IX Acquisition Corp. Announce Merger Agreement and US $35 Million Private Placement

Global Newswire by Notified: M&A

(Euronext: AKOM, OTCQX: AKOM, “AERKOMM”), an innovative satellite technology company providing multi-orbit broadband connectivity solutions, and IX Acquisition Corp (Nasdaq: IXAQU, “IXAQ”), a SPAC focused on the technology, media and telecommunications industries, have entered into a definitive Business Combination Agreement (“BCA”) and raised US $35 (..)

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Minority Stakes — Beware of UK National Security Risks

JD Supra: Mergers

Government’s recent conditional approval of a minority investment (coupled with a commercial arrangement) by Emirates Telecommunications Group Co. PJSC (“e&”) (majority owned by the UAE Government) over Vodafone Group Plc (“Vodafone”) is a timely reminder that the U.K.’s

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Three’s £2bn dividend payout sparks row over Vodafone merger

The Guardian: Mergers & Acquisitions

The Unite union said the dividend paid to the Hong Kong-listed conglomerate of the billionaire Li Ka-shing, which owns Three, revealed that the firm was highly profitable as an independent business and could remain viable without a merger. Continue reading.

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Vodafone-Three merger could mean higher prices, UK watchdog warns

The Guardian: Mergers & Acquisitions

CMA plans in-depth investigation into deal that would create UK’s largest mobile phone operator The planned merger between Vodafone and Three UK, which would create the UK’s largest mobile phone operator, has been referred to an in-depth investigation by the competition regulator.

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UK regulator launches investigation into Vodafone-Three merger

The Guardian: Mergers & Acquisitions

CMA will assess impact proposed deal could have on competition for consumers and businesses Business live – latest updates The UK competition regulator has launched an investigation into the proposed merger of Vodafone and Three to create the UK’s largest mobile phone operator.

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Vodafone-Three merger could add up to £300 a year to mobile bills, says union

The Guardian: Mergers & Acquisitions

Tie-up is a ‘terrible deal for Britain’ that also poses risks for national security, Unite claims Mobile phone bills could rise by as much as £300 a year as a result of the merger of the UK operations of Vodafone and the owner of Three , a trade union has said.

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