T-Mobile US hopes for growth through acquisitions
The Deutsche Telekom subsidiary T-Mobile US $TMUS (+0.71%) is full of zest for action and has planned a number of acquisitions to accelerate its growth. In addition to the already completed takeover of advertising specialist Vistar Media, for which the company has dug deep into its pockets, T-Mobile US would also like to acquire the British ad tech service provider Blis. The move involves an investment of 175 million euros in cash. The strategy is clear: these acquisitions should generate around 250 million euros in additional revenue in the current year and increase the operating profit, the EBITDA, by 75 million euros. In addition, free cash flow is expected to increase by 50 million euros. The T-Mobile share is currently trading at USD 258.49 on the NASDAQ, but a slight drop of 2.33 percent cannot hide the positive outlook.
ProSiebenSat.1 in talks about investments
ProSiebenSat.1 Media SE $PSM (-1.61%) is also proving dynamic and has started talks with General Atlantic about possible minority stakes in the NuCom Group and the ParshipMeet Group. These negotiations could be quite exciting, as they may also include the issue of a mandatory convertible bond and the transfer of treasury shares from ProSiebenSat.1 to General Atlantic. Sales processes for the NuCom Group's stakes in Verivox and flaconi are already underway in the background. If an agreement is reached with General Atlantic, it will be necessary to sell at least one of the two investments. The situation therefore remains dynamic and further information will soon be available to shed further light on ProSiebenSat.1's strategy.
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