Softbank : Sprint Nextel (70%) Dealogic Deal # : 834554
Data as of : 12/28/2012
Target Acquiror Dates & Values
Sprint Nextel (70%) Softbank
Target: 70 % stake Buying: 70 % stake Rumored 11th Oct 2012 Deal Value $m 34,602.0
NY S 3,000 m shares outstanding Public (Listed) Announced 15th Oct 2012 Value ex Debt $m 20,140.0
United States Japan
Telecom Telecom Expected 2Q 2013 Consideration
Rothschild | Advisor Mizuho Securities | Advisor Completed -
Citigroup | Advisor Raine Group | Advisor
UBS | Advisor Deutsche Bank | Non-Lead Advisor Withdrawn -
Skadden Arps Slate Meagher & Flom | Attorney Dow Lohnes & Albertson | Attorney
Lawler Metzger Keeney & Logan | Attorney Mori Hamada & Matsumoto | Attorney Termination Fee, Target $m 600
Morrison & Foerster | Attorney
Termination Fee, Acquiror $m 600
Financials 30th Jun 2012
Balance Sheet Debt/Equity: 4.3
Timeline Events Premiums & Multiples
Initial Offer $7
Current Offer $7
Income Statement
Cash Flows
Operations $m 3,852
Profitability
Profit Margin -11%
Return on Equity -42%
League Table Impact Sector Trend
2012 YTD Announced Global M&A by Deal Value, $bn Monthly Announced Global M&A, $bn: Telecom
1 Goldman Sachs 472.9
2 JPMorgan 390.1
3 Morgan Stanley 367.7
4 Deutsche Bank 314.2
5 Citi 307.8
6 Credit Suisse 287.7
7 Barclays 272.9
8 BAML 238.1
9 Rothschild 183.8
10 UBS 167.8
16 Mizuho 73.8
24 Raine Group 34.6
2012 Dealogic. All rights reserved.