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Castellum announces an increased share exchange and cash offer to Entra's shareholders and the sale of a mature stabilized asset portfolio at a 20% premium to book value to Blackstone A. Increased share exchange and cash offer to Entra's shareholders On November 26, 2020, Castellum Aktiebolag (publ) ("Castellum") announced the intention to launch a share exchange and cash offer to eligible Entra ASA's ("Entra") shareholders (the "Offer" and the "Offer Announcement", respectively). Castellum now increases the consideration in the Offer by 13.9% 1 (the "Revised Offer") by offering each eligible...

Drahi Raises Offer for Altice Telecoms By 30% after Legal Threat PUBLISHED BY French telecoms billionaire Patrick Drahi was forced to up his offer to buy out minority stockholders in the Amsterdam-based Altice Europe, after hedge funds threatened to take him to courts over the price. Drahi already has a 78 percent stake in Altice Europe. He offered a 24 percent premium on the share price in September to take the telecoms company private. Altice Europe’s board approved the share price. A number of funds, including Boussard & Gavaudan, Elliott, LB Partners, Sessa, Sheffield and Winterbrook, ...