RTR: Logistics giant Lineage raises $4.4bn in biggest IPO of 2024
REUTERS reports: Lineage, the world’s largest operator of cold-storage warehouses, raised $4.44 billion in its U.S. ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
REUTERS reports:
Liberty Global (LBTYA.O) is taking over Sunrise Communications (SRCG.S) in a deal valuing the Swiss telecoms group at 6.8 billion Swiss francs ($7.40 billion), it said on Wednesday.
Sunrise’s board recommended the all-cash offer of 110 Swiss francs per share put forward by Liberty Global, set up by U.S. cable pioneer John Malone.
Germany’s Freenet (FNTGn.DE), Sunrise’s largest shareholder, which holds approximately 24% of Sunrise’s capital, has signed a binding, unconditional commitment to tender its shares at the offer price, Liberty Global said.
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Read the PR here: “Liberty Global to Acquire 100% of Sunrise Communications Group by Tender Offer“.
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