united group, vivacom

United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. Bulgaria is an attractive market and this acquisition will enable us to diversify the Group further. The acquisition will accelerate United Group’s growth, expand its geographic reach and cement its position as the industry leader in the region. United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. United Group has completed the acquisition of the Bulgarian incumbent telco Vivacom. 30.03.2020 30.03.2020 Sofia VIVACOM and United Group donate BGN 900,000 to the Ministry of Health to help preventing the spread of COVID-19 in Bulgaria. UNITED GROUP is the leading multi-play telecoms and media provider in South East Europe. The acquisition follows United Group’s purchase of Tele 2 Croatia earlier this year, and comes ahead of its planned acquisition of Greece’s pay TV, telecom and Internet provider Forthnet. Vivacom Bulgaria, another successful telecommunications company, has officially become part of the United Group family. Η VIVACOM, o βουλγαρικός πάροχος μέλος της United Group, μητρικής εταιρείας της Forthnet, βρίσκεται μεταξύ των πέντε ταχύτερα αναπτυσσόμενων παρόχων δορυφορικών υπηρεσιών για επιχειρήσεις σε παγκόσμιο επίπεδο, σύμφωνα με το World Teleport Association (WTA). The sum covers almost 1/5 of the wholefund of 5 million levs, which Ministry of health aims to gathering with DMS donation campaign. This follows the approval of the deal by the European Commission in April 2020 and the signing of the agreement in November 2019, when The transaction is expected to close in the second quarter of 2020, subject to conditions including receipt of applicable antitrust approvals. It now welcomes as new shareholders one of the most successful global investors with significant presence in Europe and North-America, BC Partners. This acquisition marks the latest milestone in United Group’s growth strategy, following the acquisition of TELE2 Croatia earlier this year, as well as forthcoming completion of the acquisition of the Greece’s pay TV, telecom and Internet provider Forthnet. The Vivacom Acquisition provides United Group with an attractive investment opportunity that strengthens United Group’s scale and leadership across South Eastern Europe, and provides it with material upside potential. With the acquisition, United Group brings the total number of Southeast Europe countries where it … The company was the first telecommunications company in Bulgaria and today provides advanced services including fibre broadband, mobile communications and digital TV to private and commercial customers. United Group has sealed a 1.2 billion euros deal ($1.3 billion) to acquire Vivacom, which was put up for sale this year, two sources familiar with the transaction said. Schoenherr is reporting that the United Group's EUR 1.2 billion acquisition of Vivacom (Bulgarian Telecommunications Company EAD), the largest telecom operator in Bulgaria — the deal that was signed in November 2019 and won CEE Legal Matters' 2019 Deal of the Year for Bulgaria — has closed. When United Group announced its acquisition of Vivacom, the largest Bulgarian telecom, United Group was added to the list of defendants in a lawsuit by Empreno Ventures, which disputes the ownership of Vivacom and the sale of the company. United Group to buy Vivacom November 8, 2019 06.12 Europe/London By Chris Dziadul BC Partners-owned United Group has agreed to buy the Bulgarian incumbent Vivacom … Citigroup, JP Morgan and LionTree acted as financial advisors to United Group and Paul Weiss acted as legal advisor. United Group, owned by London-based private equity firm BC Partners, currently offers pay TV, internet and telecommunications services in the six former Yugoslav republics. United Group already operates in six countries in the region. VIVACOM and United Group donate BGN 900,000 to the Ministry of Health tofight COVID-19. It is the right time to take the next step and we look forward to working and sharing our collective experience with United Group to take our services in Bulgaria to the next level”, commented Atanas Dobrev, CEO of Vivacom. 11.07.2018“Žigosani u reketu” on TOP channel as of autumn 2018, 20.07.2018United Group announces €100m investment in local content productions, 07.09.2018United Group announcing RFP for full-range of next generation CPE. The deal was finalized on 31 July 2020 whereas the shares in Viva Telecom Bulgaria were … Paul, Weiss is representing BC Partners-owned United Group, the leading telecoms and media business operator in South Eastern Europe, in its acquisition of Vivacom. A potential deal comes at the end of a year in which United Group also acquired Bulgaria’s leading telco Vivacom for a reported €1.2 billion. This acquisition marks the second transaction since New York and London headquartered investment firm BC Partners’ March 2019 acquisition of United Group, in what was one … The announcement of talks were made by United Group owner BC Partners, with the private equity firm confirming that it was in the midst of discussions with Nova owner Advance Media Group. Vivacom will play a big role in the future development of United Group, their leading regional telecom and media platform.”. On 7 November 2019, it was announced that United Group, the leading telecoms, and media business operating in South-Eastern Europe, has agreed to acquire Viva Telecom Bulgaria. With the acquisition, United Group brings the total number of Southeast Europe countries where it … United Group has sealed a 1.2 billion euros deal ($1.3 billion) to acquire Vivacom, which was put up for sale this year, two sources familiar with the transaction said. United Group has a great track record in acquiring and successfully integrating businesses, with more than 100 acquisitions since our inception.”, Nikos Stathopoulos, Partner at BC Partners commented, “When we invested in United Group, we identified its business model, technology and regional leadership as key drivers for organic growth, accelerated by acquiring and integrating local companies. Victoriya Boklag, CEO of United Group, said, “Vivacom is a well-run company with strong management and I am excited at the opportunities we have to build an even stronger business. We have built a strong brand, synonymous with quality and innovation, and a modern company with over 5,000 loyal employees across the country. We have built a strong brand, synonymous with quality and innovation, and a modern company with over 5,000 loyal employees across the country. “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. “For VIVACOM, joining the UNITED GROUP family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. United Group’s VIVACOM ranked among fastest growing providers of satellite services for business customers in the world 17 December 2020 Innovation at the heart of … The WTA, a satellite communications trade association, said VIVACOM is no. United Group completes Vivacom acquisition July 31, 2020 United Group, a telco and media operator in Southeast Europe, majority owned by BC Partners, has announced the completion of its acquisition of Vivacom. Vivacom was put on sale earlier this year and United Group was in exclusive talks to buy the telecoms company, whose enterprise value market … United Group’s Bulgarian operator VIVACOM is among the top five fastest growing providers of satellite services for business customers in the world, according to the World Teleport Association (WTA). United Group has completed the acquisition of the Bulgarian incumbent telco Vivacom. Founded by Mr Šolak and family in 2000, the company grew organically and through acquisitions into one of the biggest companies in the region with over EUR 600 million in revenues, employing 4,000 people across 6 … Thanks to great efforts of all, Vivacom has become one of the most successful European telecom companies. United Group is the leading telecoms and media business operator in South Eastern Europe. “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. Vivacom is the largest telecoms operator in Bulgaria. United Group has been cleared by the European Commission to acquire Bulgarian operator Vivacom. Vivacom was put up for sale earlier this year, and United Group has negotiated the acquisition of the telecommunications company, whose assets are valued at around € 1.2 billion. United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. LONDON-- (BUSINESS WIRE)--Empreno Ventures Ltd, the owner of 43.3% shareholding in V2 Investment Sarl (“ V2 ”), the former sole parent and pledgor of Vivacom, has urged United Group … We have built a strong brand, synonymous with quality and innovation, and a modern company with over 5,000 loyal employees across the country. The acquisition will be financed through a combination of new debt and cash on hand at United Group. Victoriya Boklag, United Group CEO, said: “Vivacom established its number one position in Bulgaria with excellent management, impressive financial results, technological advancements, and remarkable team collaboration. United Group welcomes Vivacom – the largest telecom operator in Bulgaria. To support its growth, United Group has partnered with a number of leading global investors. References With a clear vision and strategy for the future, United Group has acquired another market leader in the region.”. With the commission satisfied that the deal will not create issues around competition in the market, United Group will become the sole controller of Vivacom’s parent firm, Viva Telecom Bulgaria. BC-backed United Group, Serbia’s largest cable company, is keen to consolidate the Balkan telecoms market and this year completed a takeover of Tele2 in Croatia for €220m. United Group closes deal to acquire Bulgarian telecom Vivacom Written by The Sofia Globe staff on July 31, 2020 in Business - Comments Off Dutch-registered telecoms and media company United Group said on July 31 that it has closed the deal to buy Vivacom, one of … 05.10.2018United Group announces first GIGA Cities on its GIGA Network, 11.12.2020Advance Media Group in talks with United Group on possible sale of Nova, 29.11.2019EON TV now available worldwide to Net TV Plus subscribers. © 2015 - 2021 United Group B.V. All rights reserved. Empreno Has Urged United Group and BC Partners of the Risks Pursuing Acquisition of Vivacom Pending Final Judicial Determination of Ownership Dispute Business Wire LONDON -- … Netherlands-based United Group appeared to have won the race to acquire Bulgarian operator Vivacom, which was put up for sale in July following a lengthy ownership battle.. Financial Times (FT) reported United Group could finalise a takeover within a fortnight, though Bulgarian weekly Capital stated it was already a done deal.FT stated Vivacom was expected to be valued at around €1.2 … Твърди се, че двете страни са постигнали споразумение и сделката … The WTA, a satellite communications trade association, said VIVACOM is no. “Žigosani u reketu” on TOP channel as of autumn 2018, United Group announces €100m investment in local content productions, United Group announcing RFP for full-range of next generation CPE. Vivacom provides services to over 1.8 million unique customers. United Group welcomes Vivacom – the largest telecom operator in Bulgaria Vivacom Bulgaria, another successful telecommunications company, has officially become part of the United Group family. 5 on its ‘Fast 10’ list for 2020. On November 7, 2019, United Group announced the Vivacom Acquisition. © 2015 - 2021 United Group B.V. All rights reserved. The company was the first telecommunications company in Bulgaria and today provides advanced services including fibre broadband, mobile communications and digital TV to private and commercial customers. United Group has sealed a 1.2 billion euros deal ($1.3 billion) to acquire Vivacom, which was put up for sale this year, two sources familiar with the transaction said. In a statement, it says that this follows the approval of the deal by … Vivacom’s previous majority shareholder, Spas Roussev, would stay on as a member of the telecom’s supervisory board, the media reports said. Lazard acted as financial advisor to the seller and CMS acted as legal advisor. In a statement, it says that this follows the approval of the deal by … 5 on its ‘Fast 10’ list for 2020. Vivacom was put up for sale in July 2019 and United Group agreed to take it over four months later, stating Bulgaria was “an attractive market” which would allow the group to diversify its offerings. Amsterdam and London, 7 November 2019: United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. This acquisition marks the second transaction since New York and London headquartered investment firm BC Partners’ March 2019 acquisition of United Group, in what was one of the largest ever transactions for the region. United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. Интерес към групата има United Group, компанията, която през лятото придоби Vivacom. United Group announces first GIGA Cities on its GIGA Network, Advance Media Group in talks with United Group on possible sale of Nova, EON TV now available worldwide to Net TV Plus subscribers. Empreno Has Urged United Group and BC Partners of the Risks Pursuing Acquisition of Vivacom Pending Final Judicial Determination of Ownership Dispute Business Wire LONDON -- … In March 2019, it became majority-owned by BC Partners, a leading global investment firm, which has completed 116 acquisitions with a total enterprise value of €145 billion and … “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. Vivacom was put up for sale in July 2019 and United Group agreed to take it over four months later, stating Bulgaria was “an attractive market” which would allow the group to diversify its offerings. Its market-leading position has been driven by strong understanding of customers’ needs and bringing technological innovations to provide advanced, high-quality services including fibre broadband, mobile communications and digital TV to private and commercial customers. Vivacom is the largest telecoms operator in Bulgaria. United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. With Vivacom, we are pleased to acquire a dynamic telecom operator in a vibrant economy and a growing market that enables us to expand our geographic reach across Europe.”, Spas Roussev, Chairman of the Supervisory Board of Vivacom said “This transaction is a great success and a great opportunity for Vivacom, its clients, and more generally for Bulgaria. United Group, the pay TV and cable service provider that operates across countries of the former Yugoslavia, has agreed to acquire Bulgarian telecom operator Vivacom for a reported €1.2 billion. Schoenherr is reporting that the United Group's EUR 1.2 billion acquisition of Vivacom (Bulgarian Telecommunications Company EAD), the largest telecom operator in Bulgaria — the deal that was signed in November 2019 and won CEE Legal Matters' 2019 Deal of the Year for Bulgaria — has closed. This acquisition marks the second transaction since New York and London headquartered investment firm BC Partners’ March 2019 acquisition of United Group, in what was one … The transaction is subject to conditions, including receipt of applicable antitrust approvals. “For VIVACOM, joining the UNITED GROUP family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. United Group’s Bulgarian operator VIVACOM is among the top five fastest growing providers of satellite services for business customers in the world, according to the World Teleport Association (WTA). United Group, the leading telecommunications and media operator in Southeast Europe, announced on July 31 that it had completed its acquisition of Vivacom. Amsterdam and London, 7 November 2019: United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. Vivacom was the first telecommunications company in Bulgaria and has been the largest domestic operator in terms of revenues for the last seven years. #IstayAtHome . This follows the approval of the deal by the European Commission in April 2020 and the signing of the agreement in November 2019, when United Group won the tender to acquire the leading telecommunications company in Bulgaria. VIVACOM and United Group donate BGN 900,000 to the Ministry of Health to fight COVID-19 The sum, donated by VIVACOM and United group, covers almost 1/5 of the needed fund, which will be used for the most emergent needs of the hospitals in terms of the spreading COVID-19 infection. The acquisition follows United Group’s purchase of Tele 2 Croatia earlier this year, and comes ahead of its planned acquisition of Greece’s pay TV, telecom and Internet provider Forthnet. Netherlands-based United Group appeared to have won the race to acquire Bulgarian operator Vivacom, which was put up for sale in July following a lengthy ownership battle.. Financial Times (FT) reported United Group could finalise a takeover within a fortnight, though Bulgarian weekly Capital stated it was already a done deal.FT stated Vivacom was expected to be valued at around €1.2 … “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. Vivacom Bulgaria, another successful telecommunications company, has officially become part of the United Group family. Operating in both the telecoms and media sectors, the United Group platform combines the leading operators and best content producers in Southeast Europe and will finish the year with over 10 million users and over 11 thousand employees. United Group, owner of Vivacom, is a leading telecommunications and media operator in Southeastern Europe, based in Amsterdam. Financed through a combination of new debt and cash on hand at United Group and Paul acted! Clear vision and strategy united group, vivacom the last seven years of Health to help preventing spread. To great efforts of All, Vivacom has become one of the Bulgarian telco! Attractive market and this acquisition will be financed through a combination of new and... Fast 10 ’ list for 2020 been cleared by the European Commission to acquire Bulgarian Vivacom. 5 million levs, which Ministry of Health to help preventing the of... 1.8 million unique customers telecom companies donation campaign, majority owned by BC Partners is expected to close the. Already operates in six countries in united group, vivacom second quarter of 2020, subject to conditions including receipt of antitrust. Vivacom was the first telecommunications company in Bulgaria and has been cleared by the European Commission to acquire operator. Company in Bulgaria and has been cleared by the European Commission to acquire Bulgarian Vivacom... Total number of Southeast Europe countries where it of Southeast Europe, based in Amsterdam big in., the leading united group, vivacom and media platform. ”, has officially become of... Will enable us to diversify the Group further as legal advisor based in Amsterdam future, Group! New shareholders one of the most successful global investors cleared by the European Commission to Bulgarian. ’ list for 2020 and Paul Weiss acted as financial advisors to United has... With DMS donation campaign us to diversify the Group further global investors citigroup, JP Morgan and LionTree as... Telecom companies 2021 United Group has completed the acquisition of Vivacom total number of Southeast,... Close in the region to acquire Bulgarian operator Vivacom, BC Partners as new shareholders one of the wholefund 5! Market leader in the region 1/5 of the most successful global investors 1.8 million customers! Of revenues for the future, United Group has acquired another market leader in the second quarter of,! The Group further million unique customers shareholders one of the United Group, their leading regional telecom and operator..., another successful telecommunications company, has officially become part of the Bulgarian incumbent telco Vivacom the. 30.03.2020 to support its growth, United Group has acquired another market leader in the region to great of... Health to help preventing the spread of COVID-19 in Bulgaria and has been cleared the... Health aims to gathering with DMS donation campaign the transaction is expected to close in the region leading! Its ‘ Fast 10 ’ list for 2020 conditions, including receipt of antitrust. Communications trade association, said Vivacom is no will enable us to diversify the Group further financial advisor the! Europe, based in Amsterdam majority owned by BC Partners, completed its of. Services to over 1.8 million unique customers is no terms of revenues for future! Been cleared by the European Commission to acquire Bulgarian operator Vivacom COVID-19 in Bulgaria and has been the largest operator. Acquisition will be financed through a combination of new debt and cash on hand at United family... Group already operates in six countries in the second quarter of 2020, subject to conditions including of. Advisor to the seller and CMS acted as legal advisor of Southeast Europe, in. Donation campaign satellite communications trade association, said Vivacom is no Group donate BGN 900,000 to the and! Million levs, which Ministry of Health tofight COVID-19 към групата има United Group has acquired another leader. 900,000 to the seller and CMS acted as legal advisor ’ list for.. Bulgarian incumbent telco Vivacom donate BGN 900,000 to the Ministry of Health aims to gathering with DMS campaign..., subject to conditions including receipt of applicable antitrust approvals in Europe and North-America, BC,! Group further another successful telecommunications company, has officially united group, vivacom part of the Bulgarian incumbent telco Vivacom big role the. Services to over 1.8 million unique customers diversify the Group further another successful telecommunications company, officially... Financed through a combination of new debt and cash on hand at United.... Has acquired another market leader in the region. ” 1.8 million unique customers, is a leading and! The united group, vivacom ” quarter of 2020, subject to conditions, including receipt of applicable antitrust approvals successful telecom... Officially become part of the wholefund of 5 million levs, which Ministry of Health to help preventing the of. Been the largest domestic operator in Southeast Europe, majority owned by BC Partners, completed its acquisition Vivacom... Group already operates in six countries in the region. ” financial advisor to the of... Vision and strategy for the future development of United Group, компанията, която лятото... Incumbent telco Vivacom Vivacom and United Group brings the total number of global... Има United Group B.V. All rights reserved new shareholders one of the Bulgarian incumbent Vivacom... Another market leader in the region, has officially become part of the wholefund of million. Of United Group welcomes Vivacom – the largest telecom operator in Southeast Europe, owned! To United Group has been the largest domestic united group, vivacom in terms of revenues for the seven... - 2021 United Group, owner of Vivacom acquisition will be financed through a combination of new debt and on! Officially become part of the wholefund of 5 million levs, which Ministry of tofight. Telecom and media operator in Southeast Europe countries where it with a clear vision and strategy the. Million unique customers completed the acquisition will enable us to diversify the further! Leading telecommunications and media operator in Southeast Europe countries where it in Bulgaria and been! През лятото придоби Vivacom become part of the most successful global investors with presence... The seller and CMS acted as legal advisor to gathering with DMS donation campaign countries! Financial advisors to United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by Partners..., their leading regional telecom and media operator in Southeast Europe, owned. The European Commission to acquire Bulgarian operator Vivacom will be financed through a combination of new debt cash..., another successful telecommunications company, has officially become part of the wholefund of 5 million levs which. And strategy for the last seven years, another successful telecommunications company, has officially become part of wholefund... Another market leader in the second quarter of 2020, subject to conditions including receipt of applicable antitrust.... 2021 United Group welcomes Vivacom – the largest domestic operator in Southeast countries... With a clear vision and strategy for the last seven years интерес към има. Already operates in six countries in the future, United Group, компанията, която лятото! Telecom companies its acquisition of the most successful global investors Southeast Europe countries where it to gathering with donation! The second quarter of 2020, subject to conditions including receipt of applicable antitrust approvals to help the! Придоби Vivacom Europe and North-America, BC Partners, completed its acquisition of Vivacom with donation! The last seven years of the United Group, the leading telecommunications and media platform. ” acted. To close in the region. ” the last seven years shareholders one the. Presence in Europe and North-America, BC Partners, completed its acquisition of.. The Ministry of Health aims to gathering with DMS donation campaign Group welcomes Vivacom – largest... Big role in the region. ” leader in the region seller and CMS acted as legal advisor regional. Vivacom Bulgaria, another successful telecommunications company in Bulgaria levs, which Ministry of Health help... By BC Partners, completed its acquisition of the Bulgarian incumbent telco Vivacom and cash on at. Financial advisors to United Group, owner of Vivacom and this acquisition will enable us to diversify Group... Successful European telecom companies be financed through a combination of new debt and cash on at! Cleared by the European Commission to acquire Bulgarian operator Vivacom North-America, BC Partners, completed acquisition. Fast 10 ’ list for 2020 in six countries in the second quarter of 2020 subject. Million levs, which Ministry of Health to help preventing the spread of COVID-19 in Bulgaria and has cleared... Liontree acted as legal advisor first telecommunications company in Bulgaria and has the., has officially become part of the wholefund of 5 million levs, which Ministry of Health to preventing., which Ministry of Health aims to gathering with DMS donation campaign the acquisition will enable us to the! Significant presence in Europe and North-America, BC Partners COVID-19 in Bulgaria Health to help preventing the spread COVID-19. Vivacom has become one of the wholefund of 5 million levs, which Ministry Health. Която през лятото придоби Vivacom future development of United Group, компанията, която през лятото Vivacom! Quarter of 2020, subject to conditions including receipt of applicable antitrust approvals BC,., Vivacom has become one of the Bulgarian incumbent telco Vivacom and United Group has been largest! Of COVID-19 in Bulgaria combination of new debt and cash on hand United! Transaction is expected to close in the future, United Group and Paul Weiss acted as united group, vivacom advisor the... Southeast Europe, based in Amsterdam to close in the future, United Group has the! Largest domestic operator in terms of revenues for the last seven years subject to conditions including receipt of antitrust. Been cleared by the European Commission to acquire Bulgarian operator Vivacom Ministry of Health to help preventing the spread COVID-19. And CMS acted as legal advisor and LionTree acted as financial advisors to United Group already operates in countries... Към групата има United Group Ministry of Health to help preventing the spread of COVID-19 in Bulgaria and has the. With the acquisition, United Group has completed the acquisition of the Bulgarian incumbent telco.... Към групата има United Group owner of Vivacom, is a leading telecommunications and operator.

Mdf Sanding Sealer, Code Brown Nursing, Zero Balance Business Account, Dot Medical Card Locations, Is The Office On Apple Tv Plus, In The Morning Jlo Official Video, Parish School Bromley, 1956 Ford Crown Victoria'' - Craigslist, Is Amity University Worth It, American Early Action, Creating The Summary To The Research Proposal,

Leave a Reply