Van beleggers
voor beleggers
desktop iconMarkt Monitor
  • Word abonnee
  • Inloggen

    Inloggen

    • Geen account? Registreren

    Wachtwoord vergeten?

Ontvang nu dagelijks onze kooptips!

word abonnee

Verkocht voor 3 cent. Nu 1,9 miljard waard....

3 Posts
| Omlaag ↓
  1. Rewinter 22 maart 2018 13:11
    GTT to Acquire Interoute

    Adds 72,000 km fiber network in Europe

    Deepens cloud networking service platform

    MCLEAN, Va., Feb. 26, 2018 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today a definitive purchase agreement to acquire Interoute, operator of one of Europe’s largest independent fiber networks and cloud networking platforms, for approximately €1.9 billion ($2.3 billion) in cash.

    The strategic combination:
    • Significantly augments scale, expanding GTT’s Tier 1 global IP network with one of Europe’s most extensive fiber footprints. The network includes over 400 points of presence, spanning 24 metro areas and interconnecting 126 cities across 29 countries.
    • Strengthens GTT’s leadership position in software-defined wide area networking (SD-WAN) with expanded capabilities.
    • Adds 15 data centers, 17 virtual data centers and 51 colocation facilities, enhancing GTT’s cloud connectivity platform.
    • Contributes infrastructure, edge and hosted services to GTT’s suite of cloud networking services.
    • Expands and complements GTT’s multinational client base, adding over 1,000 strategic enterprise and carrier clients, primarily headquartered in Europe.
    • Enhances GTT’s global team with a world-class sales, operations and customer service organization.

    “The acquisition of Interoute represents a major milestone in delivering on our purpose of connecting people, across organizations and around the world,” said Rick Calder, GTT president and CEO. “This combination creates a disruptive market leader with substantial scale, unique network assets and award-winning product capabilities to fulfill our clients’ growing demand for distributed cloud networking in Europe, the U.S. and across the globe. Following our successful, proven acquisition model, we expect to complete this integration within three to four quarters post-close and achieve a post-synergy multiple of seven to eight times Adjusted EBITDA or better on a pro forma basis.

    “This is an exciting next chapter for Interoute, GTT, our customers and our team,” said Gareth Williams, Interoute CEO. “The combined assets and strengths of our two companies create a powerful portfolio of high-capacity, low-latency connectivity, and innovative cloud and edge infrastructure services to support our customers in the global digital economy.”

    Interoute has received the strong support of its shareholders — the Sandoz Family Foundation, Aleph Capital and Crestview Partners — in its strategy of building and consolidating the European fiber, cloud and connectivity markets to create a player with significant scale and international presence.

    Transaction Financing

    The purchase price will be paid in cash at closing. GTT received committed debt financing for the transaction from a group of financial institutions and committed equity financing of $250 million from GTT’s largest institutional investor, The Spruce House Partnership, and Acacia Partners. GTT expects the transaction to close in three to six months, subject to customary regulatory approvals. At closing, after funding the acquisition with a combination of debt and equity, the expected ratio of total net debt to Adjusted EBITDA will be approximately 5.0-5.5:1, using pro forma combined Adjusted EBITDA plus expected cost synergies. After closing, over time, GTT expects to reduce the ratio of total net debt to Adjusted EBITDA to its long-term target range of 3.0-4.0:1.

    Goodwin Procter LLP served as GTT’s legal advisers on this transaction.

    Interoute Financial Information

    Interoute reported revenues of €718 million and Adjusted EBITDA of €165 million for the 12 months ending September 30, 2017. These financial results attest to Interoute’s track record of significant growth and margin expansion through a combination of organic and inorganic initiatives. Interoute’s definitions of revenue and Adjusted EBITDA are based on International Financial Reporting Standards (IFRS) and its existing accounting practices. Credit Suisse International and Evercore acted as financial advisers to the selling shareholders, and Freshfields Bruckhaus Deringer acted as Interoute’s legal advisers.

    Conference Call Information

    GTT will hold a conference call to discuss this transaction, as well as its fourth quarter and full year 2017 financial results, as previously announced, on Thursday, March 1, 2018, at 10:00 a.m. EST. To participate in the live conference call, interested parties may dial +1.844.875.6916 or +1.412.317.6714, entering passcode 10112898 and asking for the GTT Communications call, or via webcast at GTT’s website.

    A telephonic replay of the conference call will be available for one week and may be accessed by calling +1.877.344.7529 or +1.412.317.0088 and using the passcode 10112898. The webcast will be archived in the investor relations section of GTT’s website.

    About GTT

    GTT provides multinationals with a better way to reach the cloud through its suite of cloud networking services, including wide area networking, internet, optical transport, managed services, voice and video services. The company’s Tier 1 IP network, ranked in the top five worldwide, connects clients to any location in the world and any application in the cloud. GTT delivers an outstanding client experience by living its core values of simplicity, speed and agility. For more information on how GTT is redefining global communications, please visitwww.gtt.net.

    About Interoute

    Interoute is the owner-operator of one of Europe’s largest networks and a global cloud services platform, which encompasses 15 data centers, 17 Virtual Data Centers and 51 colocation centers, with connections to over 195 additional third-party data centers across Europe. Its full-service Unified ICT platform serves international enterprises and many of the world’s leading service providers, as well as governments and universities. Interoute’s Unified ICT strategy provides solutions for enterprises seeking connectivity and a scalable, secure advanced platform on which they can build their voice, video, computing and data services, as well as service providers in need of high-capacity international data transit and infrastructure. With established operations throughout Europe and the USA, Interoute also owns and operates 24 connected city networks within Europe’s major business centers. www.interoute.com


  2. forum rang 10 DeZwarteRidder 22 maart 2018 13:40
    VIA NET.WORKS Completes Sale of All VIA Operations

    Shareholders Approve Transaction and Adopt Proposal to Dissolve Company

    AMSTERDAM, The Netherlands, October 21, 2005. VIA NET.WORKS, Inc. (VNWI: Euronext; OTC: VNWI.PK), today announced that it had completed the sale of substantially all of its operating assets to Interoute Communications Holdings S.A. and certain of its affiliates for $18.1 million, of which $5.0 million was advanced to the Company prior to the closing under an interim financing facility. In the asset sale, Interoute acquired all of the Company’s remaining business operations comprised of its PSINet Europe operations in Germany, France, Belgium, Switzerland and the Netherlands and its VIA NET.WORKS operations in France, Germany and Spain, as well as certain assets pertaining to VIA’s centralized back office and technical support systems.



    The sale was closed shortly after the Company’s special meeting of its shareholders in which the requisite shareholder vote was obtained to approve the asset sale. At the special meeting, shareholders holding 67% of the Company’s total outstanding voting shares approved the proposal regarding the asset sale, representing 99% of all proxies represented and votes cast at the meeting.



    The Company also announced that at the special meeting, VIA’s shareholders approved a plan providing for the voluntary dissolution of the Company. VIA intends to file a certificate of dissolution with the Delaware Secretary of State within two weeks. Pursuant to the plan of dissolution, VIA will liquidate its remaining assets, satisfy or make reasonable provisions for its remaining obligations and make distributions to its shareholders of all remaining proceeds. If the Company’s board of directors determines that liquidation and dissolution is not in VIA’s best interests and the best interests of its shareholders and creditors, our board of directors may direct that the plan of dissolution be abandoned or may amend or modify the plan of dissolution to the extent permitted by Delaware law.



    The Company further noted that it will begin immediately to use the net proceeds of the sale transaction to pay down its significant outstanding obligations to creditors and vendors.

3 Posts
|Omhoog ↑

Meedoen aan de discussie?

Word nu gratis lid of log in met je emailadres en wachtwoord.

Direct naar Forum

Indices

AEX 873,14 -0,19%
EUR/USD 1,0689 -0,12%
FTSE 100 8.036,03 -0,11%
Germany40^ 18.064,20 -0,40%
Gold spot 2.332,05 +0,43%
NY-Nasdaq Composite 15.696,64 +1,59%

Stijgers

VIVORY...
+18,06%
ASMI
+9,93%
NX FIL...
+4,17%
BESI
+3,48%
FASTNED
+3,02%

Dalers

ALLFUN...
-10,77%
ING
-6,18%
WDP
-3,04%
RENEWI
-2,38%
Avantium
-2,37%

Lees verder op het IEX netwerk Let op: Artikelen linken naar andere sites

Gesponsorde links