Only in January, TeleCity
announced that it was considering an undisclosed acquisition proposal.
Such statements include plans, projections and estimates regarding an offering of common stock, an offering of notes and a proposed term loan, the Telecity
Acquisition and the receipt and use of the proceeds from the common stock offering, the notes offering, and other proposed sources of proceeds.
This approval follows the EC nod of agreed commitments proposed by Equinix and Telecity
to divest certain facilities.
Such statements include plans, projections and estimates regarding an offering of common stock, an anticipated offering of notes and a proposed term loan, the Telecity
Acquisition and the receipt and use of the proceeds from the common stock offering and other proposed sources of proceeds.
The deal, which is contingent on due diligence, would leave Telecity
shareholders with 55% of the combined company and Interxion investors with 45%.
Think London introduced Sentilla to industry bodies such as Carbon Trust and the London Climate Change Agency and also connected it with business leaders like Telecity
, BT and British Airways.
Equinix intends to use the net proceeds of the offering, together with the net proceeds of a proposed offering of senior unsecured notes in an aggregate principal amount of approximately $1 billion and the net proceeds of a proposed senior secured term loan that it intends to seek in an aggregate principal amount of up to approximately $700 million and cash on hand for merger and acquisition activities and repayment of indebtedness (including the funding of the cash portion of the purchase price for the cash and share offer Equinix announced in May 2015 (the "Telecity
Acquisition") for the entire issued and to be issued share capital of Telecity
Group plc ("TelecityGroup") and repayment of existing TelecityGroup indebtedness in connection therewith) and for general corporate purposes.
50p) REPORTING TODAY Finals: African Barrick Gold, Anglo Pacific Group, Reckitt Benckiser, Telecity
Group, Tullow Oil.
8 August 2011 -- Telecity
Group (LON:TCY) has paid GBP87.
has appointed Chesterton and Knight Frank to market City Park Solus, a building providing up to 9,770 sq m (104,420 sq ft) of business space at Brindley Road, Manchester.
It was just as ugly among the FTSE-250 stocks, with handheld computer group Psion dragged down nine per cent, or 161/4p to 1563/4p, Internet firm Telecity
falling 35p to 3671/1p.
Equinix's acquisition of Telecity
complements and enhances the company's existing portfolio and provides the opportunity to increase network and cloud density to better serve enterprise customers who are increasingly moving to highly interconnected, global data centers.