Radar > 221577

América Móvil will subscribe Telekom Austria's capital increase to expand

América Móvil suscribiría un aumento de capital de Telekom Austria para su expansión

Intel ID : 221577
Synopsis

América Móvil holds a 60% stake in Telekom Austria, and is currently considering subscribing a capital increase to be carried out by the Austrian telecommunications company, aiming to expand. This deal will take place if Telekom Austria expanded through acquisitions.

In addition, in November 2014, Telekom Austria carried out a EUR 1.00bn capital increase, which was subscribed by América Móvil. This transaction was carried out to reduce debt and invest in infrastructure. (see related transaction)
(content in spanish)

La compañía América Móvil, que posee el 60% de las acciones de Telekom Austria, baraja la opción de suscribir un aumento de capital en la austriaca con el objetivo de crear oportunidades de expansión. Este aumento de capital podría tener lugar si Telekom Austria creciera a través de adquisiciones.

Además, en noviembre del 2014 Telekom Austria realizó un aumento de capital con un valor de EUR 1.000m que fue respaldado por América Móvil y que se llevó a cabo con el fin de reducir deudas e invertir en infraestructura. (Ver transacción relacionada).

Bidder

Target


Intel ID 221577
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Telekom Austria
(31 Dec 2012)
Revenue: EUR 4.329,70m
EBITDA: EUR 1.420,80m
Net Debt: EUR 3.248,90m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.03 Wireless Communications Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Target

Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.99 Other Telecommunications & Networking Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    
-

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.