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Tesco agrees to sell Thai and Malaysian businesses for $10.6bn

2020-03-09 12:42:00| Daily apparel & textile news and comment - from just-style.com

UK supermarket chain Tesco has proposed a deal to sell its businesses in Thailand and Malaysia for US$10.6bn in a move it says will simplify the Tesco Group and enable a stronger focus on its retail businesses in the UK and Ireland and in Central Europe.

Tags: sell businesses thai agrees

 

Telecom Italia agrees to take on KKR as partner to roll out national fibre network

2020-02-28 09:13:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has selected US private equity firm KKR as an "exclusive partner" to help it roll out fibre-optic networks throughout Italy, confirming earlier reports. In a statement, the operator said its board had taken positive note of a non-binding proposal by KKR following a meeting to discuss the merger of its fibre-optic assets with those of wholesale rival Open Fiber.

Tags: national network partner italia

 
 

Softbank agrees to new price for Sprint in sale to T-Mobile

2020-02-21 08:46:00| Telecompaper Headlines

(Telecompaper) Softbank and Deutsche Telekom announced a revised agreement on the planned merger of their US mobile operators Sprint and T-Mobile. Softbank has agreed to accept a lower stake in the merged company than the original agreement signed in April 2018, in exchange for the potential to increase its stake over time. 

Tags: to price sale agrees

 

Laura Ashley agrees loan deal as H1 sales slide

2020-02-20 11:24:00| Daily apparel & textile news and comment - from just-style.com

Shares in Laura Ashley were up over 16% this morning (20 February) after the UK clothing and home retailer revealed it has secured a loan agreement that will allow it to meet its immediate funding needs.

Tags: sales deal loan slide

 

Imagine Communications agrees ad insertion deal with the NCTC

2020-02-20 00:00:30| Digital TV News

Imagine Communications has made an agreement with the NCTC to power AdKey, a cloud-based, platform-agnostic service that supports ad insertion on IP-based video streams. Initial deployments are expected by Q3 with trials beginning in the coming months.

Tags: deal communications imagine agrees

 

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