Telecity Group PLC (TCY.L)
LONDON - British data center provider Telecity Group Plc has agreed a non-binding $2.2 billion all-share deal to buy New York-listed Interxion Holding NV, looking to tap growing demand for "cloud" technology.
* Telecity to offer 2.3386 new shares for each Interxion share
LONDON, Feb 11 - British data centre provider Telecity Group said on Wednesday it had reached a non-binding, all-share merger agreement with New York-listed Interxion.
LONDON, Feb 11 - Britain's FTSE 100 index is seen opening 1 to 2 points higher, or up 0.03 percent on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on * The UK blue chip index closed down 8.03 points, or 0.1 percent, hit by falls in heavily weighted mining and energy stocks. * SKY, BT - Pay-TV group Sky has agreed to pay 4.2 billion pounds ($6.4 billion) to show 126 live English Premier League matches
Feb 11 - The following corporate finance-related stories were reported by media:
Feb 10 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
LONDON - British data center provider Telecity is being circled by private equity funds, sources familiar with the matter said, amid an increase in takeover interest in the FTSE 250 company since the departure of its chief executive in October.
* Year to date revenue growth of 9.4% (organic fx neutral)