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Etisalat profit jumps 26pc on Maroc Telecom buyEtisalat reported a 26 percent jump in second-quarter profit on Sunday, beating analysts' estimates, as the UAE firm's acquisition of a majority stake in Maroc Telecom bolstered its bottom line. The former telecom monopoly More… |
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Maroc Telecom deal: Etisalat 'gets Abu Dhabi aid'Abu Dhabi gave Etisalat a $500 million grant towards its 4.14 billion euro ($5.64 billion) purchase of 53 percent of Maroc Telecom, the company's prospectus for a planned bond issue shows. The grant provides further evidence o More… |
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Etisalat scraps plans to buy Maroc Telecom minority sharesEtisalat, which this month bought a 53 per cent stake in Maroc Telecom, has scrapped an offer to buy the remaining shares in the Moroccan firm, the UAE operator said on Friday. In a filing to Abu Dhabi's bourse, Etisalat said More… |
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Etisalat bids for Maroc Telecom minority sharesEtisalat, which this month bought a 53 percent stake in Maroc Telecom, has submitted a mandatory tender offer to buy the remaining shares in the Moroccan firm, the United Arab Emirates operator said on Wednesday. Morocco regulatio More… |
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Etisalat completes Maroc Telecom stake buyUAE-based Etisalat, a leading telecommunications group in the region, has completed the acquisition of 53-per cent shareholding in Morocco’s Itissalat Al Maghrib or Maroc Telecom from Vivendi, a French mass media and telecom giant. More… |
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Etisalat to close Maroc Telecom deal by May 14Emirates Telecommunications Corporation (Etisalat), a leading telecoms operator in the Middle East, Asia and Africa, said today that it expects to close the acquisition of Vivendi’s 53 per cent shareholding in Itissalat Al Maghrib (Maroc T More… |
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Etisalat to sell stake in 7 African firmsEtisalat has signed an agreement with Maroc Telecom for the sale of its shareholdings in seven companies in six French-speaking West African states for $650 million. A statement said Etisalat, Atlantique Telecom and Etisalat Inter More… |
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Abu Dhabi govt fund backs Etisalat's Maroc Tel buyAn Abu Dhabi state-owned fund is financing a quarter of Etisalat's 4.2 billion euro ($5.8 billion) purchase of Vivendi's stake in Maroc Telecom, said three bank sources with knowledge of the deal, adding it should close this week. More… |
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Etisalat asks banks to wait for loan feesAbu-Dhabi-based telecoms firm Etisalat has asked banks to extend commitments to an acquisition loan backing its 4.2 billion euro ($5.79 billion) purchase of a stake in Maroc Telecom but will not pay fees until the deal closes, bankers said. More… |
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Etisalat to buy Vivendi's 53pc stake in Maroc TelecomVivendi has agreed terms to sell its 53 percent stake in Maroc Telecom to UAE's Etisalat for 4.2 billion euros ($5.67 billion), the latest step in the French conglomerate's attempts to become more media-focused. The deal, More… |
