Amper S.A. accepts A.T.H. offer to sell controlling interest in Bluesky
August 30th 2016 - Bluesky’s parent company Amper SA released a statement on Monday August 29th, 2016 announcing it has accepted a binding offer to sell its South Pacific holdings to Fijian group, Amalgamated Telecom Holdings (A.T.H.).
Under the offer, A.T.H. will acquire a controlling interest in Bluesky Pacific Group for approximately USD$79 million.
Amper and A.T.H. will now engage in discussions on the terms of the transaction with a view to signing formal agreements in September 2016. The transaction will be conditional on the parties obtaining all regulatory approvals and consents, including the approval of Amper’s shareholders, and approvals from the US Federal Communications Commission (FCC), and the relevant regulatory and government organizations in American Samoa, Samoa and Cook Islands.
Mr Aoe’e Adolfo Montenegro, CEO of Bluesky Pacific Group, said: “We have fully briefed the Governments, our other local investors and our Bluesky team about the transaction.”
“It is my and the managements team’s priority to ensure that we continue to look after the interests of all our shareholders, staff, and customers throughout this process.”
“Our teams remain focused on continuing to serve and add value to our customers and our local communities.”
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