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Sky agrees to higher takeover bid from Comcast

2018-07-12 09:06:00| Telecompaper Headlines

(Telecompaper) Comcast has raised its offer for European pay-TV provider Sky, just beating an improved bid from Sky's largest shareholder 21st Century Fox. The new offer from Comcast is GBP 14.75 per share, valuing Sky at GBP 26 billion. That's up from Comcast's first offer in April of GBP 12.50 per share and 21CF's latest offer of GBP 14. 

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Category:Telecommunications

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Broadcom to buy CA Technologies for USD 18.9 billion

2018-07-12 08:48:00| Telecompaper Headlines

(Telecompaper) Broadcom has agreed to buy CA Technologies for USD 18.9 billion. The company said the takeover will help it meet the growing demand for infrastructure software, adding CA's mainframe and enterprise software, extensive customer base and recurring revenues to its portfolio. 

Tags: buy technologies usd billion

Category: Telecommunications

 

 

ZTE moves closer to resuming business as US signs escrow deal

2018-07-12 08:35:00| Telecompaper Headlines

(Telecompaper) ZTE is a step closer to resuming business with the US, after the US Department of Commerce signed the earlier announced escrow agreement with the company. Once ZTE deposits USD 400 million in the escrow account, the ban on exports to ZTE from the US will be lifted, the department said.

Tags: business deal signs closer

Category: Telecommunications

 

 

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