USA
Disney and Fox
Disney acquired 21st Century Fox for USD 1.3 billon. The merger involves the acquisition of film and television studios, contents and franchises among others.
The estimated amount to be acquired by Disney through the merger is of USD 19.8 billion
T-Mobile and Sprint
Both companies are interested in merging, a transaction that if taken place, would have a value of USD $ 26 billion. This transaction is a source of controversy in the United States since it reduces the number of agents in the market. Instead of the four companies currently competing, there would only be three. This creates uncertainty regarding the prices of monthly plans.
T-Mobile has stated that this merger would allow a better development of 5G technology in the country, also explaining that it would not raise the prices of its plans for a term of three years, nor would it charge the additional USD $ 10 that Sprint initially stated would charge for 5G technology.
Colombia
Selling of ISA stock
EPM decided to put on hold the sale of 10.17% of their stock since the price of each share was increased by 24.7% as a consequence of good results during the 2018 period.
EPM sought to raise COP 1.5 billion to cover the liabilities and over costs resulting from the Hidroituango project, the biggest power generation project in Colombia. However, with the mentioned increase stock value, the expected amount to be raised is close to COP $2 billion.
EPSA (Celsia) and Enertolima
EPSA will acquire Enertolima for a value of COP 1.68 billion, which will be payed through bridging loans from national and international banks. As part of the merger, EPSA will acquire 75 substations and close to 11.000 km of energy distribution networks in the Department of Tolima, which supply energy for close to 47 municipalities in the Department.
Chile
Despegar and Viajes Falabella
Despegar reached an agreement to acquire the travel agency plus the trademark license of Viajes Falabella in Chile, Peru, Argentina, and Colombia for a value of USD $ 27 million.
This acquisition takes place within the framework of a strategic alliance between Despegar and Falabella Financiero, which was agreed for a term of 10 years extendable.
It is worth mentioning that Viajes Falabella had revenues in these countries for an estimated value of USD $ 50 million during 2018.
Panama
Tigo and Telefonica
Millicom, known commercially as Tigo, will acquire the Telefónica company in the countries of Panama, Nicaragua, and Costa Rica through a transaction valued at USD $ 1,650 million.
This transaction is still pending due to the corresponding regulatory approvals, but it is expected that the closing will take place in the second half of 2019.
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