Deal of the week
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| Etisalat and Vivendi have concluded talks for the sale of Maroc Telecom to the UAE-based operator, in an all-cash deal worth €4.2 billion. [read more] |
Midweek Mergers
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| Private equity company PPF Group is set to acquire a controlling stake in Telefónica’s Czech subsidiary in a deal worth approximately €2.5 billion. [read more] |
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| Airtel Africa has entered into an agreement with Warid Group to fully acquire Warid Congo.[read more] |
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| AT&T is reportedly strategising for a potential takeover of Vodafone next year, with the US operator presently mapping out how it will complete a complex deal for the European carrier. [read more] |
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| BlackBerry has called off its sale plans and announced that its CEO, Thorsten Heins, will be stepping down. [read more] | |
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| Spanish conglomerate Telefónica has asked EU antitrust regulators to approve its €8.6 billion bid for KPN’s German subsidiary, E-Plus. [read more] |
International Investments
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| Chinese vendor Huawei is to invest $600 million in R&D for 5G technologies by 2018.[read more] |
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| Alcatel-Lucent has revealed revenues of €3.67 billion in its third-quarter financial results, up 7% year-on-year at constant exchange rates. [read more] |
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| Japan’s SoftBank reported a net income of 156.7 billion yen ($1.6 billion) between July and September this year. [read more] |
