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Telecom Italia confirms talks with Hutchison on 3 merger

2013-04-08 08:44:00| Telecompaper Headlines

(Telecompaper) Telecom Italia confirmed it has held preliminary talks with Hutchison Whampoa over a possible merger with 3 Italia. Telecom Italia said the talks were still at an early stage and it could not comment further. The topic will be discussed by the company's board of directors at a meeting scheduled 11 April, it said. The statement follows a request from the securities regulator Consob to clarify earlier media reports that Telecom and Hutchison were considering merging their mobile activities in Italy. Telecom Italia's TIM is already the biggest mobile operator in Italy with almost 35 percent of subscribers at the end of 2012, while 3 Italia had just over 10 percent of the market.

Tags: italia telecom talks merger

 

Penguin Random House merger approved

2013-04-05 16:45:27| BBC News | Business | UK Edition

The proposed merger of Penguin and Random House is approved by the European Commission, clearing the way for the deal to go ahead.

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American Airlines: Officials Defend Merger at House Hearing

2013-04-05 10:52:08| Airlines - Topix.net

Executives of American Airlines and US Airways told lawmakers Tuesday that combining their companies will benefit consumers by creating a tougher competitor for industry giants United and Delta.

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VIDEO: Publishing giants await merger approval

2013-04-05 10:39:45| BBC News | Business | UK Edition

The book industry's biggest ever merger could clear its final hurdle on Friday when EU competition authorities rule on a deal to bring together Penguin and Random House.

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No new terms for T-Mobile-MetroPCS merger, Deutsche Telekom says

2013-04-04 19:13:37| CNET News.com

Deutsche Telekom, speaking to FierceWireless, denies a report that it's considering changing the terms of T-Mobile's proposed merger with MetroPCS. [Read more]

Tags: terms says deutsche telekom

 

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