NDS Group plc, News Corporation And Permira Advisers LLP Announces the Successful Completion Of The Transaction To Take NDS Private
February 5, 2009 |
| NDS Group plc, News Corporation and Permira Advisers LLP announced that the scheme of arrangement to effect the going private transaction of NDS has now become fully effective. The effectiveness of the scheme results in two subsidiaries of funds advised by Permira and News Corporation owning approximately 51% and 49% of NDS, respectively, in each case subject to dilution by shares to be subscribed for by members of management and shares to be issued as part of the option scheme to be established by NDS. The last day for trading in ADSs was February 4, 2009. The per share consideration of $63.00 in cash is scheduled to be sent to NDS shareholders and holders of ADSs shortly. |
NDS Group plc Announces Receipt of Final Court Approval of Scheme
February 4, 2009 |
| NDS Group plc announced that the High Court of Justice in England and Wales approved the remaining elements of the scheme of arrangement pursuant to which News Corporation and two subsidiaries of funds advised by Permira Advisers LLP will take NDS private. The scheme is expected to become fully effective on February 5, 2009, upon the registration of a copy of the court order with the Registrar of Companies in England and Wales and the last day for trading in ADSs is expected to be February 4, 2009. |
Partner Communications Selects NDS Group plc's NDS PC Show to Power New VOD Content Portal
January 13, 2009 |
| NDS Group plc announced that Israeli mobile operator Partner Communications, part of Hutchison Telecom International, has chosen NDS PC Show to deliver Video On Demand (VOD) securely over the Internet for its newly launched content portal. By implementing NDS PC Show, together with NDS Unified Headend, Partner Communications is able to provide Israeli consumers who register on the website with a wealth of video content that can be viewed on their PCs. The distribution of the content over the Internet is being facilitated by the robust and reliable Content Distribution Network provided by CastUP, an NDS Group company. |
E.U. Commission Clears The News Corporation and Permira Advisers LLP's Acquisition Of NDS Group plc-DJ
December 22, 2008 |
| Dow Jones reported that the E.U. Commission cleared News Corp. and U.K. private-equity firm Permira Advisers LLP to jointly own NDS Group plc. In June, News Corp., NDS's majority shareholder, and Permira agreed to take the company privately in a deal worth about $3.6 billion. |
NDS Group plc's Orbis Holdings Ltd Acquires Electracade Ltd
December 3, 2008 |
| NDS Group plc's Orbis Holdings Ltd, the parent company of Orbis Technology Ltd announced that it has acquired UK based online interactive games developer, Electracade Ltd. Orbis has acquired the entirety of Electracade's share capital for a consideration of £2.6 million in cash with further consideration payable conditional upon certain future performance criteria. |
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