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French security solutions firm Oberthur Technologies (OT) has bought Swiss conditional access firm Kudelski’s payment card unit NagraID Security.
The deal’s financial terms, which are tied to an earn-out-based sales agreement, were not disclosed. The companies expect to wrap up the transaction in the coming weeks.
US defence and aerospace giant Lockheed Martin has secured a new US$1.5bn five-year revolver after making a series of bolt-on acquisitions to bolster its technological expertise.
The unsecured debt replaces an existing five-year facility of the same size that was due in 2016, and was still undrawn when it was terminated last week.
Telecoms and DTH giant Bell Canada Enterprises (BCE) has formally commenced its offer to purchase all the issued and outstanding common shares of fibre operator Bell Aliant.
BCE announced in late July that it had agreed a deal to buy out the public shareholders in Bell Alliant for around C$3.95bn (US$3.68bn) and then take the company private. BCE owns 44% of Bell Alliant but exercises managing control of the business.
Mexico's largest satellite-TV operator Grupo Televisa has paid Ps8.55bn (US$653.96m) to buy the remaining 49% of local fixed-line group Cablecom.
Televisa, which had the option to take over the group since buying a 51% stake last year, has already been flagged for having a “dominant” position in free-to-air TV.
In-flight broadband and content provider Global Eagle Entertainment has launched an offer to exchange 15 million of outstanding warrants for common stock.
The company is offering 0.3333 shares for each outstanding warrant. This equates to an exercise price of US$11.50 per share.
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