{"id":622836,"date":"2018-10-14T04:22:53","date_gmt":"2018-10-14T04:22:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/14\/veon-withdraws-offer-to-acquire-gth-assets-in-pakistan-and-bangladesh\/"},"modified":"2018-10-14T04:22:53","modified_gmt":"2018-10-14T04:22:53","slug":"veon-withdraws-offer-to-acquire-gth-assets-in-pakistan-and-bangladesh","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/14\/veon-withdraws-offer-to-acquire-gth-assets-in-pakistan-and-bangladesh\/","title":{"rendered":"Veon withdraws offer to acquire GTH assets in Pakistan and Bangladesh"},"content":{"rendered":"<p>Amsterdam-based Veon has withdrawn <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/04\/veon-makes-offer-to-acquire-global-telecom-assets-in-pakistan-and-bangladesh-for-usd-2-5-bn\/\">its offer to acquire<\/a> Global Telecom Holding\u2019s (GTH) Pakistan subsidiary Jazz, and its Bangladesh-based telecom firm Banglalink for approximately USD 2.6 bn, GTH announced on Thursday in <a href=\"http:\/\/www.gtelecom.com\/documents\/10157\/227028\/GTH+press+release+VEON+offer+Withdrawal+11-OCT-18\">a statement<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amsterdam-based Veon has withdrawn its offer to acquire Global Telecom Holding\u2019s (GTH) Pakistan subsidiary Jazz, and its Bangladesh-based telecom firm Banglalink for approximately USD 2.6 bn, GTH announced on Thursday in a statement.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622836","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"3f4cea96-0efb-4108-a315-09ee3cfd2384","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Veon withdraws offer to acquire GTH assets in Pakistan and Bangladesh","related_issue":[622804],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.92112fe1-131a-45f4-b483-01a062fc9dda.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Veon will buy GTH\u2019s Pakistan subsidiary Jazz and its associated operations, in addition to Bangladesh telecom Banglalink. 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Veon had made an offer last week to acquire GTH\u2019s Pakistan subsidiary Jazz and its associated\u2026","rel":"","context":"In &quot;Telecoms + ICT&quot;","block_context":{"text":"Telecoms + ICT","link":"https:\/\/enterpriseam.com\/egypt\/category\/telecoms-ict\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637225,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/gth-appoints-pharos-to-evaluate-veon-mto\/","url_meta":{"origin":622836,"position":3},"title":"GTH appoints Pharos to evaluate Veon MTO","author":"enterpriseam admin","date":"12 November 2017","format":false,"excerpt":"M&A WATCH- Global Telecom Holding (GTH) has appointed Pharos Holding as an independent financial advisor to evaluate the mandatory tender offer presented by Veon Holdings to acquire the company. Veon, which already owns 57.7% of GTH, submitted an offer to acquire GTH shares at EGP 7.90 per share last week.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596959,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/veon-nearly-completes-mto-of-42-3-of-global-telecom-holding\/","url_meta":{"origin":622836,"position":4},"title":"Veon nearly completes MTO of 42.3% of Global Telecom Holding","author":"enterpriseam admin","date":"14 July 2019","format":false,"excerpt":"M&A WATCH- GTH nearly completes sale of 42.3% stake to Veon: Global Telecom Holding (GTH) shareholders have completed the sale of 37% of the 1.99 bn shares in a mandatory tender offer (MTO) launched by majority shareholder Veon to acquire 42.3% of the company, the local press reported. 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