GO
Loading...

Buyins and Buyouts

More

  • Nov 28- BCE Inc, Canada's largest telecommunications company, said it would buy its mobile products distributor, Glentel Inc, for about C $594 million in cash and stock. Glentel's shareholders will receive C $26.50 per share, which represents a 108 percent premium to its Thursday close on the Toronto Stock Exchange. Including net debt and minority interest of...

  • MADRID/ LONDON, Nov 24- Spain's Telefonica could sell its UK mobile operator O2 to British Telecom in return for a 20 percent stake in BT as part of a "strategic alliance" to strengthen the pair, Spanish website El Confidencial reported on Monday. A deal would bring O2- among Britain's leading mobile operators alongside EE and Vodafone- back into the BT fold, having...

  • Telefonica in talks to sell O2 to BT - report Monday, 24 Nov 2014 | 2:22 AM ET

    MADRID, Nov 24- Spain's Telefonica could sell its UK mobile operator O2 to British Telecom in return for a 20 percent stake in BT as part of a "strategic alliance" to strengthen the pair, Spanish website El Confidencial reported on Monday. "According to various sources, the talks between Telefonica and British Telecom are advanced although no final deal has been...

  • SEOUL, Nov 24- U.S. automotive parts maker Visteon Corp has signed a preliminary deal to sell its controlling stake in South Korea's Halla Visteon Climate Control Corp to a local private equity firm for $3.6 billion, Korean media reports said. The Korea Economic Daily said on Monday Visteon plans to sign a final deal to sell its 69.99 percent stake in Halla Visteon...

  • GrooveBook's promising future  Tuesday, 18 Nov 2014 | 7:46 AM ET

    Brian Whiteman, GrooveBook founder; discusses how he got the idea to start his photobook company. And Jeffrey Housenbold, Shutterfly president & CEO, shares his outlook for GrooveBook.

  • GrooveBook: 'Shark Tank's' first buyout  Tuesday, 18 Nov 2014 | 7:43 AM ET

    Discussing Shutterfly's $14.5 million acquisition of "Shark Tank" backed GrooveBook, with Brian Whiteman, GrooveBook founder; Jeffrey Housenbold, Shutterfly president & CEO, and Kevin O'Leary, "Shark Tank" investor.

  • NEW YORK, Nov 14- Billionaire activist investor Carl Icahn increased his stake in e-commerce company eBay Inc. while booking more profits from his stake in Netflix Inc. in the third quarter, a regulatory filing showed on Friday. He cut his stake in Netflix, the streaming video company, by 353,000 shares to 1.4 million shares, a filing with the Securities and...

  • *Telecom Egypt CEO says other options possible. CAIRO, Nov 12- Egypt's fixed-line monopoly Telecom Egypt said on Wednesday it may not sell its 45 percent stake in mobile operator Vodafone Egypt once it receives a licence to offer its own mobile services. The Egyptian government, which owns 80 percent of Telecom Egypt, has said that for competition reasons the...

  • Spain's Telefonica sells 2.5 pct of China Unicom Monday, 10 Nov 2014 | 11:54 AM ET

    MADRID, Nov 10- Spanish telecoms giant Telefonica SA said on Monday it had sold a 2.5 percent stake in China Unicom Ltd in a block trade for about 687 million euros.

  • LIMA, Nov 3- Peru will likely begin selling up to 49 percent of state-run energy company Petroperu on the Lima stock exchange in the second quarter of 2015, Deputy Energy Minister Edwin Quintanilla said in an interview on Monday. Peru passed a law late last year allowing for the privatization of all but a controlling stake in Petroperu in a bid to modernize the 40-...

  • LIMA, Nov 3- Peru will likely begin selling up to 49 percent of state-run energy company Petroperu on the Lima stock exchange in the second quarter of 2015, Deputy Energy Minister Edwin Quintanilla said in an interview on Monday. Peru passed a law late last year allowing for the privatization of all but a controlling stake in Petroperu in a bid to modernize the 40-...

  • MADRID, Oct 30- The Spanish government has decided to postpone its plans to privatise airport operator Aena with a $10 billion public share offer, a source with knowledge of the matter said on Thursday. The sale of a 49 percent stake in the world's biggest airports operator had promised to be the largest initial public offering in Europe this year.

  • Oct 30- General Electric Co is in early stage talks to sell its stakes worth more than $1 billion in its South Korean auto-financing and credit card businesses, the Wall Street Journal reported, citing people familiar with the matter. The sale would unwind a partnership that began 10 years ago between GE and Hyundai Motor Co. GE is in talks with Hyundai, which has a...

  • *Snapdeal' potential to be India's Alibaba'- Softbank's Son. *Funds needed to tackle rivals in India online retail boom. Masayoshi Son, chief executive of SoftBank, laid out a 10- year investment plan for India on Tuesday, starting with the purchase of a $627 million stake in fast-growing online marketplace Snapdeal.

  • TOKYO, Oct 28- Japanese telecom and media group SoftBank Corp has agreed to buy a $627 million stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce growth in the market with the world's third-biggest Internet user base. Highlighting India as a new priority in its aggressive expansion, SoftBank said on Tuesday it's also...

  • LIMA, Oct 27- Maple Energy Plc said on Monday that it expected to seal the sale of a controlling stake in its Peruvian units to Grana y Montero and Alcogroup soon, rebutting media reports the agreement had collapsed. Maple Energy's shares fell 9 percent on the Lima bourse and 8 percent in London earlier on Monday following local media reports it had rejected Grana y...

  • SINGAPORE, Oct 24- Singapore sovereign wealth fund GIC has bought a 5 percent stake in IMS Health Holdings, a U.S.-listed technology firm servicing the healthcare sector, for an undisclosed amount, according to a regulatory filing. GIC Private Ltd bought common stock of IMS Health earlier this month, according to a Securities and Exchange Commission filing on...

  • UPDATE 1-Toyota sells some Tesla Motors shares - Nikkei Thursday, 23 Oct 2014 | 2:34 PM ET

    Oct 23- Toyota Motor Corp has sold some of its shares in U.S. electric vehicle maker Tesla Motors Inc, the Nikkei financial daily reported. Toyota invested $50 million in Tesla in May 2010, ahead of the U.S. company's initial public offering in June that year. Daimler AG, the parent of Mercedes-Benz, said earlier this week it sold its remaining 4 percent stake in Tesla...

  • Lloyds bank to cut 9,000 jobs: Sources Thursday, 23 Oct 2014 | 1:24 AM ET

    Lloyds will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters.

  • *Exploring IPO of minority stake in ViiV Healthcare. LONDON, Oct 22- GlaxoSmithKline, battered by weak U.S. drug sales and a bribery scandal in China, is looking to float its fast-growing HIV drugs business as part of a recovery plan that includes a fresh round of cost cutting. As a standalone company ViiV Healthcare would be among the top 40 companies in London's...