The transaction is expected to close in the second quarter of 2020, subject to conditions including receipt of applicable antitrust approvals. VIVACOM and United Group donate BGN 900,000 to the Ministry of Health tofight COVID-19. United Group’s Bulgarian operator VIVACOM is among the top five fastest growing providers of satellite services for business customers in the world, according to the World Teleport Association (WTA). Η VIVACOM, o βουλγαρικός πάροχος μέλος της United Group, μητρικής εταιρείας της Forthnet, βρίσκεται μεταξύ των πέντε ταχύτερα αναπτυσσόμενων παρόχων δορυφορικών υπηρεσιών για επιχειρήσεις σε παγκόσμιο επίπεδο, σύμφωνα με το World Teleport Association (WTA). United Group welcomes Vivacom – the largest telecom operator in Bulgaria. Paul, Weiss is representing BC Partners-owned United Group, the leading telecoms and media business operator in South Eastern Europe, in its acquisition of Vivacom. “Žigosani u reketu” on TOP channel as of autumn 2018, United Group announces €100m investment in local content productions, United Group announcing RFP for full-range of next generation CPE. United Group has sealed a 1.2 billion euros deal ($1.3 billion) to acquire Vivacom, which was put up for sale this year, two sources familiar with the transaction said. With Vivacom, we are pleased to acquire a dynamic telecom operator in a vibrant economy and a growing market that enables us to expand our geographic reach across Europe.”, Spas Roussev, Chairman of the Supervisory Board of Vivacom said “This transaction is a great success and a great opportunity for Vivacom, its clients, and more generally for Bulgaria. The acquisition follows United Group’s purchase of Tele 2 Croatia earlier this year, and comes ahead of its planned acquisition of Greece’s pay TV, telecom and Internet provider Forthnet. 5 on its ‘Fast 10’ list for 2020. The company was the first telecommunications company in Bulgaria and today provides advanced services including fibre broadband, mobile communications and digital TV to private and commercial customers. Founded by Mr Šolak and family in 2000, the company grew organically and through acquisitions into one of the biggest companies in the region with over EUR 600 million in revenues, employing 4,000 people across 6 … We have built a strong brand, synonymous with quality and innovation, and a modern company with over 5,000 loyal employees across the country. 11.07.2018“Žigosani u reketu” on TOP channel as of autumn 2018, 20.07.2018United Group announces €100m investment in local content productions, 07.09.2018United Group announcing RFP for full-range of next generation CPE. United Group has sealed a 1.2 billion euros deal ($1.3 billion) to acquire Vivacom, which was put up for sale this year, two sources familiar with the transaction said. Thanks to great efforts of all, Vivacom has become one of the most successful European telecom companies. The acquisition will be financed through a combination of new debt and cash on hand at United Group. Vivacom provides services to over 1.8 million unique customers. The transaction is subject to conditions, including receipt of applicable antitrust approvals. United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. The announcement of talks were made by United Group owner BC Partners, with the private equity firm confirming that it was in the midst of discussions with Nova owner Advance Media Group. “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. United Group is the leading telecoms and media business operator in South Eastern Europe. Lazard acted as financial advisor to the seller and CMS acted as legal advisor. With the commission satisfied that the deal will not create issues around competition in the market, United Group will become the sole controller of Vivacom’s parent firm, Viva Telecom Bulgaria. The sum covers almost 1/5 of the wholefund of 5 million levs, which Ministry of health aims to gathering with DMS donation campaign. United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. Empreno Has Urged United Group and BC Partners of the Risks Pursuing Acquisition of Vivacom Pending Final Judicial Determination of Ownership Dispute Business Wire LONDON -- … The deal was finalized on 31 July 2020 whereas the shares in Viva Telecom Bulgaria were … 05.10.2018United Group announces first GIGA Cities on its GIGA Network, 11.12.2020Advance Media Group in talks with United Group on possible sale of Nova, 29.11.2019EON TV now available worldwide to Net TV Plus subscribers. On November 7, 2019, United Group announced the Vivacom Acquisition. With the acquisition, United Group brings the total number of Southeast Europe countries where it … This acquisition marks the second transaction since New York and London headquartered investment firm BC Partners’ March 2019 acquisition of United Group, in what was one … “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. United Group announces first GIGA Cities on its GIGA Network, Advance Media Group in talks with United Group on possible sale of Nova, EON TV now available worldwide to Net TV Plus subscribers. © 2015 - 2021 United Group B.V. All rights reserved. Vivacom is the largest telecoms operator in Bulgaria. This acquisition marks the latest milestone in United Group’s growth strategy, following the acquisition of TELE2 Croatia earlier this year, as well as forthcoming completion of the acquisition of the Greece’s pay TV, telecom and Internet provider Forthnet. 30.03.2020 Sofia VIVACOM and United Group donate BGN 900,000 to the Ministry of Health to help preventing the spread of COVID-19 in Bulgaria. United Group has a great track record in acquiring and successfully integrating businesses, with more than 100 acquisitions since our inception.”, Nikos Stathopoulos, Partner at BC Partners commented, “When we invested in United Group, we identified its business model, technology and regional leadership as key drivers for organic growth, accelerated by acquiring and integrating local companies. The company was the first telecommunications company in Bulgaria and today provides advanced services including fibre broadband, mobile communications and digital TV to private and commercial customers. The Vivacom Acquisition provides United Group with an attractive investment opportunity that strengthens United Group’s scale and leadership across South Eastern Europe, and provides it with material upside potential. Vivacom Bulgaria, another successful telecommunications company, has officially become part of the United Group family. It now welcomes as new shareholders one of the most successful global investors with significant presence in Europe and North-America, BC Partners. VIVACOM and United Group donate BGN 900,000 to the Ministry of Health to fight COVID-19 The sum, donated by VIVACOM and United group, covers almost 1/5 of the needed fund, which will be used for the most emergent needs of the hospitals in terms of the spreading COVID-19 infection. This acquisition marks the second transaction since New York and London headquartered investment firm BC Partners’ March 2019 acquisition of United Group, in what was one … With the acquisition, United Group brings the total number of Southeast Europe countries where it … On 7 November 2019, it was announced that United Group, the leading telecoms, and media business operating in South-Eastern Europe, has agreed to acquire Viva Telecom Bulgaria. The WTA, a satellite communications trade association, said VIVACOM is no. In a statement, it says that this follows the approval of the deal by … A potential deal comes at the end of a year in which United Group also acquired Bulgaria’s leading telco Vivacom for a reported €1.2 billion. “For VIVACOM, joining the UNITED GROUP family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. Amsterdam and London, 7 November 2019: United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. BC-backed United Group, Serbia’s largest cable company, is keen to consolidate the Balkan telecoms market and this year completed a takeover of Tele2 in Croatia for €220m. United Group’s VIVACOM ranked among fastest growing providers of satellite services for business customers in the world 17 December 2020 Innovation at the heart of … In March 2019, it became majority-owned by BC Partners, a leading global investment firm, which has completed 116 acquisitions with a total enterprise value of €145 billion and … Bulgaria is an attractive market and this acquisition will enable us to diversify the Group further. Its market-leading position has been driven by strong understanding of customers’ needs and bringing technological innovations to provide advanced, high-quality services including fibre broadband, mobile communications and digital TV to private and commercial customers. UNITED GROUP is the leading multi-play telecoms and media provider in South East Europe. Netherlands-based United Group appeared to have won the race to acquire Bulgarian operator Vivacom, which was put up for sale in July following a lengthy ownership battle.. Financial Times (FT) reported United Group could finalise a takeover within a fortnight, though Bulgarian weekly Capital stated it was already a done deal.FT stated Vivacom was expected to be valued at around €1.2 … Schoenherr is reporting that the United Group's EUR 1.2 billion acquisition of Vivacom (Bulgarian Telecommunications Company EAD), the largest telecom operator in Bulgaria — the deal that was signed in November 2019 and won CEE Legal Matters' 2019 Deal of the Year for Bulgaria — has closed. It is the right time to take the next step and we look forward to working and sharing our collective experience with United Group to take our services in Bulgaria to the next level”, commented Atanas Dobrev, CEO of Vivacom. Victoriya Boklag, CEO of United Group, said, “Vivacom is a well-run company with strong management and I am excited at the opportunities we have to build an even stronger business. United Group has completed the acquisition of the Bulgarian incumbent telco Vivacom. United Group has been cleared by the European Commission to acquire Bulgarian operator Vivacom. We have built a strong brand, synonymous with quality and innovation, and a modern company with over 5,000 loyal employees across the country. United Group has sealed a 1.2 billion euros deal ($1.3 billion) to acquire Vivacom, which was put up for sale this year, two sources familiar with the transaction said. References The WTA, a satellite communications trade association, said VIVACOM is no. Operating in both the telecoms and media sectors, the United Group platform combines the leading operators and best content producers in Southeast Europe and will finish the year with over 10 million users and over 11 thousand employees. Victoriya Boklag, United Group CEO, said: “Vivacom established its number one position in Bulgaria with excellent management, impressive financial results, technological advancements, and remarkable team collaboration. United Group, owned by London-based private equity firm BC Partners, currently offers pay TV, internet and telecommunications services in the six former Yugoslav republics. Vivacom was put up for sale in July 2019 and United Group agreed to take it over four months later, stating Bulgaria was “an attractive market” which would allow the group to diversify its offerings. Netherlands-based United Group appeared to have won the race to acquire Bulgarian operator Vivacom, which was put up for sale in July following a lengthy ownership battle.. Financial Times (FT) reported United Group could finalise a takeover within a fortnight, though Bulgarian weekly Capital stated it was already a done deal.FT stated Vivacom was expected to be valued at around €1.2 … #IstayAtHome . Empreno Has Urged United Group and BC Partners of the Risks Pursuing Acquisition of Vivacom Pending Final Judicial Determination of Ownership Dispute Business Wire LONDON -- … With a clear vision and strategy for the future, United Group has acquired another market leader in the region.”. When United Group announced its acquisition of Vivacom, the largest Bulgarian telecom, United Group was added to the list of defendants in a lawsuit by Empreno Ventures, which disputes the ownership of Vivacom and the sale of the company. Vivacom will play a big role in the future development of United Group, their leading regional telecom and media platform.”. United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. Schoenherr is reporting that the United Group's EUR 1.2 billion acquisition of Vivacom (Bulgarian Telecommunications Company EAD), the largest telecom operator in Bulgaria — the deal that was signed in November 2019 and won CEE Legal Matters' 2019 Deal of the Year for Bulgaria — has closed. 5 on its ‘Fast 10’ list for 2020. United Group, the pay TV and cable service provider that operates across countries of the former Yugoslavia, has agreed to acquire Bulgarian telecom operator Vivacom for a reported €1.2 billion. Vivacom was put up for sale earlier this year, and United Group has negotiated the acquisition of the telecommunications company, whose assets are valued at around € 1.2 billion. The acquisition will accelerate United Group’s growth, expand its geographic reach and cement its position as the industry leader in the region. Vivacom is the largest telecoms operator in Bulgaria. 30.03.2020 United Group has completed the acquisition of the Bulgarian incumbent telco Vivacom. To support its growth, United Group has partnered with a number of leading global investors. United Group welcomes Vivacom – the largest telecom operator in Bulgaria Vivacom Bulgaria, another successful telecommunications company, has officially become part of the United Group family. United Group already operates in six countries in the region. The acquisition follows United Group’s purchase of Tele 2 Croatia earlier this year, and comes ahead of its planned acquisition of Greece’s pay TV, telecom and Internet provider Forthnet. United Group closes deal to acquire Bulgarian telecom Vivacom Written by The Sofia Globe staff on July 31, 2020 in Business - Comments Off Dutch-registered telecoms and media company United Group said on July 31 that it has closed the deal to buy Vivacom, one of … LONDON-- (BUSINESS WIRE)--Empreno Ventures Ltd, the owner of 43.3% shareholding in V2 Investment Sarl (“ V2 ”), the former sole parent and pledgor of Vivacom, has urged United Group … Твърди се, че двете страни са постигнали споразумение и сделката … This follows the approval of the deal by the European Commission in April 2020 and the signing of the agreement in November 2019, when United Group won the tender to acquire the leading telecommunications company in Bulgaria. United Group’s Bulgarian operator VIVACOM is among the top five fastest growing providers of satellite services for business customers in the world, according to the World Teleport Association (WTA). Amsterdam and London, 7 November 2019: United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. This acquisition marks the second transaction since New York and London headquartered investment firm BC Partners’ March 2019 acquisition of United Group, in what was one of the largest ever transactions for the region. United Group, owner of Vivacom, is a leading telecommunications and media operator in Southeastern Europe, based in Amsterdam. © 2015 - 2021 United Group B.V. All rights reserved. In a statement, it says that this follows the approval of the deal by … Интерес към групата има United Group, компанията, която през лятото придоби Vivacom. “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. United Group to buy Vivacom November 8, 2019 06.12 Europe/London By Chris Dziadul BC Partners-owned United Group has agreed to buy the Bulgarian incumbent Vivacom … Vivacom Bulgaria, another successful telecommunications company, has officially become part of the United Group family. Vivacom was the first telecommunications company in Bulgaria and has been the largest domestic operator in terms of revenues for the last seven years. Vivacom’s previous majority shareholder, Spas Roussev, would stay on as a member of the telecom’s supervisory board, the media reports said. “For VIVACOM, joining the UNITED GROUP family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. Vivacom was put on sale earlier this year and United Group was in exclusive talks to buy the telecoms company, whose enterprise value market … United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. Vivacom was put up for sale in July 2019 and United Group agreed to take it over four months later, stating Bulgaria was “an attractive market” which would allow the group to diversify its offerings. We have built a strong brand, synonymous with quality and innovation, and a modern company with over 5,000 loyal employees across the country. This follows the approval of the deal by the European Commission in April 2020 and the signing of the agreement in November 2019, when United Group completes Vivacom acquisition July 31, 2020 United Group, a telco and media operator in Southeast Europe, majority owned by BC Partners, has announced the completion of its acquisition of Vivacom. 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