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EC green lights Wind-3 Italia merger

2016-09-01 12:54:00| Telecompaper Headlines

(Telecompaper) The European Union's antitrust authorities have approved the merger of Italian mobile operators Wind and 3 Italia after parent companies VimpelCom and CK Hutchison agreed to free up assets to help France's Iliad create a fourth network operator. The entry of Iliad was key to securing the European Commission's approval after it blocked CK Hutchison's proposed merger of its 3 UK subsidiary with Telefonica's O2 UK earlier this year. "We can approve the deal because Hutchison and VimpelCom have offered a strong remedy that enables a new mobile network operator, Iliad, to enter the Italian market," said EU competition commissioner Margrethe Vestager.

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Vodafone India, Idea Cellular in merger talks - report

2016-08-25 08:18:00| Telecompaper Headlines

(Telecompaper) India's second- and third-largest mobile operators, Vodafone and Idea Cellular are in "exploratory" talks for a possible merger, unnamed sources told CNBC-TV18. However, a possible merger could infringe anti-trust regulations, as the combined entity would breach the 50 percent market share in a few circles. Idea rejected the report in a statement to the stock market, saying it was "absolutely untrue and preposterous". Vodafone India declined to comment on the matter.

Tags: report idea india cellular

 
 

EC could OK Italy mobile merger next week: report

2016-08-25 02:00:00| Total Telecom industry news

Report indicates that the deal with Iliad has assuaged EC fears that a merger would hinder competition.

Tags: report week mobile italy

 

Staples and Office Depot Focus on Reinvention, After Merger is Scuttled

2016-08-18 15:53:00| National Real Estate Investor

After federal courts nixed its merger with Office Depot, Staples is faced with making operational changes to make the business more solvent, such as restructuring store lease terms and expanding secondary services. read more

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European Commission to investigate Dow, DuPont merger

2016-08-15 18:45:13| Canadian Plastics Headlines

The Commission will probe whether or not the merger will impact prices, competition. The post European Commission to investigate Dow, DuPont merger appeared first on Canadian Plastics.

Tags: european commission investigate dow

 

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