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UPDATE 2-Brazilian telecom firms may bid soon for rival TIM -source

2015-01-23 23:26:48| Telecom - Topix.net

A group of Brazilian telecoms operators are now ready to bid for rival TIM ParticipaA A es SA, a source with knowledge of the situation said, after the group's leader, Oi SA, got the go-ahead to sell its Portuguese business. However, top management at Telecom Italia SpA, TIM's majority owner, is preparing for a meeting with Brazilian officials next week to put out feelers before deciding whether to turn the tables and make their own bid for Oi, two other sources familiar with the plans said.

Tags: source update bid tim

 

Shire to buy US rival in $5.2bn deal

2015-01-11 21:25:28| BBC News | Business | UK Edition

UK pharmaceutical company Shire has clinched a deal to buy US rival NPS Pharmaceuticals for $5.2bn (3.4bn).

Tags: buy deal rival shire

 
 

City Link assets sold to rival DX

2015-01-06 10:32:40| BBC News | Business | UK Edition

The administrators of parcel delivery company City Link have sold more than 1m of assets to rival firm DX Group.

Tags: link city sold assets

 

This Google Glass Rival Expects To Have Wearables That Look Like...

2015-01-05 23:31:09| Agriculture - Topix.net

The wearables space is getting hotter with more and more tech majors putting their resources into it. Following the footsteps of others who are already in this space, Intel Corporation on Monday revealed that it has bought a 30 percent stake in Google Glass rival, Vuzix.

Tags: like google glass expects

 

Engine Capital says together the companies could rival eBay enterprise unit.

2014-12-30 19:17:32| Logistics - Topix.net

"As a result of the stock appreciation of PFSW and the stock decline of SPDC over the past 12 months, the Ebitda multiples of both companies have now converged to a point where a combination of both companies is doable," Engine managing partner Arnaud Ajdler wrote in a letter to the boards of both companies made public on Monday. "The historical reason for not merging the companies is no longer an obstacle."

Tags: companies capital engine unit

 

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