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Iliad confirms interest in T-Mobile US


Thursday, 31 Jul 2014 12:34pm EDT 

Iliad SA:Indicative offer for T-Mobile US submitted by company.Offer subject to certain conditions, including due diligence on T-Mobile US.$15 bln in cash offered for 56.6 pct of T-Mobile US, at $33 per share.Company values remaining 43.4 pct of T-Mobile US at $40.5 per share on basis of $10 bln of synergies to benefit of T-Mobile US shareholders.Overall value thus reaches $36.2 per share.Cash portion to be financed via combination of debt and equity. 

Company Quote

27.53
0.48 +1.77%
11:33am EDT