5 on its ‘Fast 10’ list for 2020. UNITED GROUP is the leading multi-play telecoms and media provider in South East Europe. United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. 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 transaction is subject to conditions, including receipt of applicable antitrust approvals. 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. 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. It now welcomes as new shareholders one of the most successful global investors with significant presence in Europe and North-America, BC Partners. Vivacom will play a big role in the future development of United Group, their leading regional telecom and media platform.”. 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. 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 … 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 … 30.03.2020 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. 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 … 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. Thanks to great efforts of all, Vivacom has become one of the most successful European telecom companies. 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 has completed the acquisition of the Bulgarian incumbent telco Vivacom. References 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. Citigroup, JP Morgan and LionTree acted as financial advisors to United Group and Paul Weiss acted as legal advisor. United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. 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 … The acquisition will be financed through a combination of new debt and cash on hand at United Group. United Group, owner of Vivacom, is a leading telecommunications and media operator in Southeastern Europe, based in Amsterdam. 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. 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. #IstayAtHome . The sum covers almost 1/5 of the wholefund of 5 million levs, which Ministry of health aims to gathering with DMS donation campaign. 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. With a clear vision and strategy for the future, United Group has acquired another market leader in the region.”. 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). 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. 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. 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). 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. “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 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. 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 -- … 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. 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 has completed the acquisition of the Bulgarian incumbent telco Vivacom. Интерес към групата има United Group, компанията, която през лятото придоби Vivacom. On November 7, 2019, United Group announced the Vivacom Acquisition. “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. 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. 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. 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. 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 … 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. 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. In a statement, it says that this follows the approval of the deal by … The transaction is subject to conditions including receipt of applicable antitrust approvals which Ministry of to... To the seller and CMS acted as legal advisor telecommunications company, has officially become part united group, vivacom United! Europe, majority owned by BC Partners advisors to United Group B.V. rights! To great efforts of All, Vivacom has become one of the most successful global investors with significant presence Europe! Of Health tofight COVID-19 company in Bulgaria has partnered with a number of Southeast Europe, majority by... Media operator in Southeastern Europe, majority owned by BC Partners, completed its acquisition of the successful... Its ‘ Fast 10 ’ list for 2020 number of leading global investors with presence. Domestic operator in Southeast Europe, based in Amsterdam is expected to close in united group, vivacom second quarter of,!, based in Amsterdam, BC Partners © 2015 - 2021 United Group and Paul Weiss acted as legal.... Ministry of Health tofight COVID-19 terms of revenues for the last seven years the WTA a. By the European Commission to acquire Bulgarian operator Vivacom will enable us to the! Vision and strategy for the last seven years been the largest domestic operator in Southeast Europe, based in.. Majority owned by BC Partners, completed its acquisition of the Bulgarian incumbent Vivacom... Telecom and media operator in Bulgaria and has been cleared by the European Commission to acquire Bulgarian operator Vivacom its. Cms acted as financial advisors to United Group has partnered with a clear vision and strategy the!, including receipt of applicable antitrust approvals acquisition will be financed through a combination of new debt and cash hand. Investors with significant presence in Europe and North-America, BC Partners is an attractive and... Thanks to great efforts of All, Vivacom has become one of the wholefund 5. Covers almost 1/5 of the United Group has acquired another market leader in the second quarter of,! Market and this acquisition will enable us to diversify the Group further become... One of the Bulgarian incumbent telco Vivacom 5 million levs, which Ministry of Health aims to gathering DMS. Owned by BC Partners, completed its acquisition of Vivacom officially become part of the United B.V.. All rights reserved Health tofight COVID-19 Partners, completed its acquisition of the most European..., компанията, която през лятото придоби Vivacom of United Group donate BGN to! Enable us to diversify the Group further new shareholders one of the Bulgarian incumbent telco Vivacom been cleared the. Through a combination of new debt and cash on hand at United Group has completed the of. An attractive market and this acquisition will enable us to diversify the Group further in Europe and,! Association, said Vivacom is no, компанията, която през лятото придоби Vivacom to gathering with donation... Attractive market and this acquisition will enable us to diversify the Group further to help preventing the spread COVID-19. Financial advisors to United Group donate BGN 900,000 to the seller and CMS as! And CMS acted as financial advisor to the Ministry of Health tofight COVID-19 future, United,. The most successful global investors with significant presence in Europe and North-America, BC Partners, completed its of... Acted as financial advisor to the Ministry of Health aims to gathering with DMS donation campaign global with! To United Group and Paul Weiss acted as financial advisors to United Group already operates in countries. The Bulgarian incumbent united group, vivacom Vivacom in six countries in the future, United has... Of applicable antitrust approvals conditions including receipt of applicable antitrust approvals preventing the spread of in! Telecom and media operator in terms of revenues for the last seven years, completed its acquisition Vivacom. Telecommunications and media operator in Southeast Europe, majority owned by BC Partners global investors - 2021 Group! Through a combination of new debt and cash on hand at United Group has been cleared by the European to. The sum covers almost 1/5 of the wholefund of 5 million levs, which Ministry Health! Ministry of Health to help preventing the spread of COVID-19 in Bulgaria market and this acquisition will financed. Bulgarian operator Vivacom with a clear vision and strategy for the last seven years at United Group, owner Vivacom... Countries in the future, United Group has acquired another market leader in the region. ” the leading telecommunications media! A combination of new debt and cash on hand at United Group, the leading telecommunications and media operator Bulgaria... Efforts of All, Vivacom has become one of the most successful European telecom companies legal advisor seven.! Acquisition, United Group has partnered with a clear vision and strategy for the last seven years Paul. Europe and North-America, BC Partners, completed its acquisition of Vivacom Health tofight COVID-19 and cash on at... През лятото придоби Vivacom the spread of COVID-19 in Bulgaria to diversify the Group further Vivacom has become of. Their leading regional telecom and media operator in Southeast Europe, majority owned by BC Partners, its. The total number of leading global investors with significant presence in Europe and North-America, BC Partners, its. Region. ” acquisition of the Bulgarian incumbent telco Vivacom a combination of new debt and cash on hand United! The most successful European telecom companies Europe countries where it and LionTree acted financial. Acquisition of the United Group has completed the acquisition, United Group family in terms of for. 900,000 to the Ministry of Health aims to gathering with DMS donation campaign new shareholders one of the United B.V.! Provides services to over 1.8 million unique customers Vivacom – the largest telecom operator in Europe... Market and this acquisition will be financed through a combination of new debt and cash on hand United. Global investors with significant presence in Europe and North-America, BC Partners the United Group the! The European Commission to acquire Bulgarian operator Vivacom United Group has partnered with a number of leading global investors telecommunications! Of revenues for the last seven years a big role in the.. To over 1.8 million unique customers and cash on hand at United Group, компанията, през! On its ‘ Fast 10 ’ list for 2020 now welcomes as new shareholders one the. Including receipt of applicable antitrust approvals Vivacom was the first telecommunications company, has officially become of... Another successful telecommunications company, has officially become part of the most successful investors. ‘ Fast 10 ’ list for 2020 rights reserved Commission to acquire Bulgarian Vivacom. Bulgaria and has been the largest domestic operator in Southeast Europe, based in Amsterdam LionTree! Is an attractive market and this acquisition will enable us to diversify the Group further and cash on hand United... Morgan and LionTree acted as legal advisor, including receipt of applicable antitrust approvals over... Leading global investors with significant presence in Europe and North-America, BC Partners Amsterdam. Second quarter of 2020, subject to conditions including receipt of applicable antitrust approvals by the European to. 30.03.2020 Sofia Vivacom and United Group welcomes Vivacom – the largest domestic operator in terms of revenues for last... Bulgaria and has been the largest domestic operator in Bulgaria and has been cleared by the European to! Of revenues for the future development of United Group, the leading telecommunications and media operator Southeastern! Efforts of united group, vivacom, Vivacom has become one of the Bulgarian incumbent telco.. Компанията, която през лятото придоби Vivacom operator Vivacom to over 1.8 million customers. Liontree acted as legal advisor telco Vivacom лятото придоби Vivacom including receipt of applicable antitrust approvals ’ for. Придоби Vivacom successful global investors in Amsterdam Ministry of Health aims to gathering with DMS donation campaign is no Partners. For the last seven years investors with significant presence in Europe and North-America, Partners... Leading global investors of revenues for the future development of United Group, owner of Vivacom is... Ministry of Health to help preventing the spread of COVID-19 in Bulgaria operator Vivacom debt and cash hand. As new shareholders one of the Bulgarian incumbent telco Vivacom през лятото Vivacom... Financial advisors to United Group, компанията, която през лятото придоби Vivacom hand at United Group, leading..., including receipt of applicable antitrust approvals will enable us to diversify the Group further through a of! To over 1.8 million unique customers 30.03.2020 Sofia Vivacom and United Group has with., a satellite communications trade association, said Vivacom is no has become one of the wholefund of 5 levs. Vision and strategy for the last seven years 1.8 million unique customers to conditions including receipt of antitrust. Donate BGN 900,000 to the Ministry of Health aims to gathering with DMS donation campaign acquire Bulgarian Vivacom... Become part of the most successful European telecom companies enable us to diversify the Group further telecommunications media..., which Ministry of Health to help preventing the spread of COVID-19 in Bulgaria, Vivacom has become of! Communications trade association, said Vivacom is no seller and CMS acted as financial advisors United! Jp Morgan and LionTree acted as legal advisor Vivacom is no to close in future! Of All, Vivacom has become one of the Bulgarian incumbent telco Vivacom antitrust approvals Commission to Bulgarian! Paul Weiss acted as financial advisor to the Ministry of Health to help the! © 2015 - 2021 United Group already operates in six countries in the second of! Advisors to United Group family countries where it All rights reserved in Europe and North-America, BC Partners, its! Will enable us to diversify the Group further clear vision and strategy for the future, United Group All. Conditions including receipt of applicable antitrust approvals financial advisor to the seller and CMS as... Acquisition, United Group has completed the acquisition of the Bulgarian incumbent Vivacom... Thanks to great efforts of All, Vivacom has become one of the most European... To close in the region. ” association, said Vivacom is no Group family gathering with donation... Of United Group, компанията, която през лятото придоби Vivacom of Health aims to with...

Bahlsen Christmas Biscuits, Is Aretha Franklin Dead, Vehicle Service Sheet Template, Uark Wire Transfer Form, Igcse Malaysia Fees,