Bidding War Talk Boosts Shares in Telecoms Firm Gamma Communications

Bidding war talk boosts shares in telecoms firm Gamma Communications

The FTSE 250 company, which handles business calls in the UK and Europe, last week backed a £1bn offer from British private equity group Epiris.

Waterland weighs higher bid for Gamma Communications

Dutch private equity firm Waterland is reportedly preparing a higher offer for UK-listed telecommunications provider Gamma Communications, potentially setting up a bidding contest with rival sponsor Epiris, according to a report by the Sunday Times.

Bidding war erupts over UK business ISP Gamma as Waterland tackles Epiris

A week has passed since business ISP and IT provider Gamma Communications accepted a cash offer from British private equity firm Epiris worth £1.079bn (here). But a new report claims that the Waterland private equity firm hasn’t given up their pursuit and plans to table a larger bid. Last week it seemed like Epiris (Bradbury Bidco Limited), which was recently linked to separate talks for TalkTalk’s wholesale business (PXC), had put themselves in…

Dutch PE firm Waterland eyes rival takeover bid for Gamma Communications

Dutch private equity firm Waterland plans to make an offer for British telecommunications company Gamma Communications that exceeds the £1.08 billion ($1.38 billion) bid from Epiris, a ‌British ⁠private ⁠equity firm, the Sunday Times reported. Gamma last week agreed to ​a 1,120 pence per share offer from Epiris. After a takeover ​is completed, Waterland ⁠would […]