VimpelCom will own Sawiris’s Weather Investments SpA’s 51.7 percent stake in Egypt’s Orascom Telecom Holding SAE and all of Italian mobile operator Wind Telecomunicazioni SpA. Weather shareholders will get 20 percent of new VimpelCom shares valued at $4.7 billion at current prices and $1.8 billion in cash.
The deal would create the world’s fifth-largest mobile- phone company with a combined subscriber base of more than 174 million customers and give VimpelCom, which has operations in many of the former Soviet republics, access to markets in Africa and the Middle East.
…Had the companies combined in 2009, they would have had total revenue of $21.5 billion and [EBITDA] $9.5 billion.
The new company will have operations in 20 countries and post-transaction net debt up to $24 billion
…Orascom’s operations in Egypt and North Korea won’t be part of the new company.
“Minority shareholders in Orascom Telecom will benefit from the synergies created by the combination of the two entities, especially in the area of procurement and by the overall strengthening and de-risking of the Orascom Telecom balance sheet,” Sawiris said in the statement.
ettepareva.. le mitiche “sinergie”
Telenor (TEL.OL) said it backs Vimpelcom’s (VIP.N) mobile asset tie-up
with Weather Investments for now,but that all of the deal’s conditions
need to be met for it to support the merger at Vimpelcom’s shareholder
Non capisco il senso della precisazione di Telenor (azionista Vimpelcom). E’ ovvio che le condizini devonoe ssere verificate e l’operazione approvata dagli azionisti. C’e’ qualche perplessita’ nell’aria ?
Non credo che dal punto di vista gestionale debba cambiare un granchè, a parte che Mosca e’ piu’ fredda del Cairo.
E voi, che ne pensate ?