iliad sa (ILIAF) Key Developments
Iliad Drops Plans To Acquire T-Mobile
Oct 13 14
Iliad SA (ENXTPA:ILD) has stopped its plans to acquire T-Mobile US, Inc. (NYSE:TMUS). Iliad along with two private equity funds and banks has put an offer to improve significantly the terms of its first offer for a T-Mobile stake by enhancing the cash amount and increasing the share of T-Mobil's capital to be acquired from 56.6% to 67%. The new offer was about $36 per share, which it said was cash plus share of value creation. Iliad said, "It will continue its profitable growth policy as it has been conducted over the last 15 years in the interest of its subscribers, employees and shareholders.” Deutsche Telekom AG (DB:DTE) and board members of T-Mobile have refused to entertain its new offer.
Iliad Reportedly Seeks Bigger Stake In T-Mobile
Oct 2 14
Iliad SA (ENXTPA:ILD) is reportedly seeking to purchase a larger stake in T-Mobile US, Inc. (NYSE:TMUS) from Deutsche Telekom AG (DB:DTE) than it went after in July 2014. T-Mobile did not immediately respond to a request for comment.
Iliad SA Presents at Goldman Sachs 23rd Annual Communacopia Conference, Sep-10-2014
Sep 8 14
Iliad SA Presents at Goldman Sachs 23rd Annual Communacopia Conference, Sep-10-2014 . Venue: Conrad New York: 102 North End Avenue, New York, NY 10281, United States.
Iliad Holds Discussions To Acquire T-Mobile
Sep 2 14
Iliad SA (ENXTPA:ILD) said it had not given up its ambition to acquire T-Mobile US, Inc. (NYSE:TMUS) and was holding talks with investors willing to act as partners in the deal.
Iliad SA Reports Consolidated Earnings Results for the First Half Ended June 30, 2014
Sep 1 14
Iliad SA reported consolidated earnings results for the first half ended June 30, 2014. For the period, the company reported revenues of €2.02 billion, up 10.4% from a year earlier. Total EBITDA increased 6.6% to €624.2 million, while net profit was down 1.3% to €139.9 million, due to higher depreciation after the launch of 4G services. Profit from ordinary activities was €281.4 million compared with €276.6 million for the same period last year. Operating Free Cash Flow was €624.5 million compared with €608.1 million for the same period last year. Profit for the period was €139.9 million compared with €141.8 million a year ago.