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O2 UK CEO considers management buyout - report

2016-05-16 11:14:00| Telecompaper Headlines

(Telecompaper) O2 UK CEO Ronan Dunne is considering a GBP 8.5 billion management buy-out of the company after EU regulators blocked the sale of the company to 3 UK parent Hutchison, reports the Daily Telegraph. He is understood to have been approached by potential private equity sponsors to carry out a debt-driven buyout. Sources indicate that O2 executives are now evaluating whether it would be financially feasible for Dunne to take the company independent. The talks are in their early stages and are understood not to include O2 parent Telefonica, which remains tied to an exclusivity agreement with Hutchison until end-June, unless they agree to abandon their agreement earlier.

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O2 UK CEO considers 8.5bn management buyout

2016-05-16 02:00:00| Total Telecom industry news

Operator reportedly running the numbers after Ronan Dunne is approached by private equity firms.

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Volkswagen will provide payments, buyout offers to 480,000 diesel customers

2016-04-21 21:14:21| Extremetech

Volkswagen has announced an agreement in principle between itself and US authorities. While the specifics are still under discussion, the company is set to create a fund to repair the environmental damage its vehicles caused, will buy back cars from current TDI owners, and may offer payment on top of the buyback to sweeten the deal.

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Port Talbot boss to launch Tata UK buyout

2016-04-19 23:40:06| BBC News | Business | UK Edition

Tata Steel's Port Talbot chief Stuart Wilkie is to launch a management buyout of company's operations in the UK.

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Norfolk Southern buyout fails

2016-04-12 15:41:58| Railroads - Topix.net

"Fantastic," said Bob Kutz, president of the Blair-Bedford Central Labor Council, which represents unions whose members work at the Juniata Locomotive Shops and on the Norfolk mainline right-of-way. "It could have been a disaster."

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