Loyalty Shares in Spain: Double-Voting Rights Could Hinder Takeovers
In Spain, the companies that establish the double voting system will be less prone to takeover, such as Repsol SA (REP SM) and Telefonica SA (TEF...
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Euskaltel - MasMóvil: Another Step in Spanish Telco Consolidation
The operation makes strategic sense. The offer price seems full and on EV/Fwd EBITDA basis compares favorable to recent European deals. Gross...
257 Views
MásMóvil - Lorca Capital: Summer Lull
Activist Polygon (1.025% stake in MásMóvil, worth c. EUR 31 mn) has sent a letter to the CNMV (Securities Market National Commission, the Spanish...
297 Views
Masmovil: Target Shareholders Looking for a Bump
A trio of PE funds - KKR, Cinven, and Providence - have launched a takeover bid to acquire a majority stake in Spanish telecom operator MásMóvil...
442 Views
We Believe Brexit Fears Have Unfairly Driven Down Shares of Most European Communication Stocks
Fears of the impact of Britain's exit from the European Union have pushed down the prices of most European communication stocks. We think this is...
873 Views