privatization

Electronic Ar

2026-10-09 14:52:06

EA cites Egan-Jones investment-grade rating to contest creditor premium claims

Electronic Arts told a group of creditors that some of its bonds have received investment-grade ratings from Egan-Jones, according to Techub News, citing Bloomberg Technology. The company is using that rating to push back against creditor claims that they are owed a premium after EA was taken private. EA's position also addresses allegations from those creditors that the company breached its debt terms and should pay additional fees. The report does not disclose which bonds were rated, how large the disputed payments are, or when the rating was assigned. What is clear from the item is the line of argument EA is advancing: the company is leaning on an external investment-grade assessment as part of its defense against claims tied to its post-privatization debt obligations. Bloomberg Technology was identified as the source of the report.

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Compal

2026-09-19 00:37:41

Compal to buy remaining CBN stake at 18.21% premium and take unit private

Compal Electronics said it will buy the remaining 57.4% stake in networking subsidiary CBN Technology in an all-cash deal priced at NT$18.5 per share, representing a premium of about 18.21% to the previous business day’s closing price before the board resolution. The transaction is structured as a share conversion and would make CBN a wholly owned subsidiary of Compal. CBN is scheduled to hold an extraordinary shareholders meeting on Nov. 9, 2026 to vote on the proposal, with Dec. 31, 2026 set as the tentative conversion record date. After the conversion is completed, CBN will delist and cancel its public company status in accordance with applicable rules. According to ABMedia, Compal said the deal is part of a broader effort to deepen internal integration of software and hardware R&D resources. The company linked the move to demand tied to edge computing and a more diverse networking market. The combination would bring together Compal’s strengths in terminal system assembly, servers, wide area connectivity, 5G and non-terrestrial networks with CBN’s work in routers, gateways and local networking hardware and software.

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