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TIM board to discuss KKR bid for stake in last-mile network
2020-07-31 12:04:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) has confirmed the receipt of a binding offer from US private equity fund KKR for a minority stake in its landline (copper and fibre) network. In a brief statement, TIM said its board will discuss the bid in its 04 August meeting and subsequently provide details of the potential transaction. KKR has been in exclusive talks with TIM since February and has reportedly offered EUR 1.8 billion for a 38 percent stake in the FiberCop newco set up by the former incumbent for its last-mile network.
Tags: board
network
discuss
bid
Newcastle takeover: Saudi Arabian-backed consortium pulls out of bid
2020-07-30 18:52:01| BBC News | Business | UK Edition
A Saudi Arabian-backed consortium has pulled out of a bid to buy Newcastle United.
Tags: bid
saudi
newcastle
consortium
TIM, Telefonica and Claro update bid for Oi's mobile business to BRL 16.5 billion
2020-07-28 08:32:00| Telecompaper Headlines
(Telecompaper) TIM Brasil, Claro and Telefonica Brasil have submitted an updated binding bid for the acquisition of Oi's mobile assets worth BRL 16.5 billion (EUR 2.73 billion). The offer also envisages long-term agreements to use Oi's infrastructure. The bid is subject to the companies being named the 'stalking horse' in the bidding, which gives them the right to match or improve on any higher offers received by Oi.
Tags: business
mobile
update
bid
Bankrupt Brooks Brothers receives $305m rescue bid
2020-07-24 12:34:00| Daily apparel & textile news and comment - from just-style.com
Bankrupt men's wear retailer Brooks Brothers has received a $305m takeover bid from Sparc Group, which is partially backed by Authentic Brands Group, owner of Aéropostale and Nautica.
Tags: bid
brothers
receives
rescue
France may bid adieu to Huawei by 2028
2020-07-23 02:00:00| Total Telecom industry news
The UK’s revised decision to ban operators from working with Huawei on 5G and ordering them to replace existing equipment by 2027 has greatly shaken the European telecoms ecosystem. In an instant, all eyes were turned to the likes of Germany, France, and the other European nations, each mulling the Chinese company’s future within their 5G networks. Earlier this month…read more on TotalTele.com »
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