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Withdrawn |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