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AT&T says it has no Vodafone acquisition plans

2014-01-27 14:08:42| IT Services - Topix.net

The announcement by the largest U.S. telecommunications company means it is restricted from initiating a bid on Vodafone in the next six months, according to British takeover rules.

Tags: plans att acquisition vodafone

 

HONG KONG: Fast Retailing plans secondary share listing

2014-01-27 13:34:00| Daily apparel & textile news and comment - from just-style.com

Fast Retailing has revealed plans for a secondary share listing in Hong Kong as the Japanese retailer looks to expand in the region and gain global investors.

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MEXICO: PepsiCo plans US$5bn investment

2014-01-27 11:40:00| Daily beverage news and comment - from just-drinks.com

PepsiCo has announced plans to invest US$5bn in Mexico, which will include boosting production capacity for its beverage and food units.

Tags: plans mexico investment pepsico

 

AT&T denies plans for Vodafone bid

2014-01-27 08:53:00| Telecompaper Headlines

(Telecompaper) AT&T has issued a formal statement denying any plans to launch a takeover bid for Vodafone Group. AT&T said it made the statement at the request of the UK Takeover Panel, which had asked for clarification after numerous media reports that AT&T was considering expanding in Europe through Vodafone. The sale of Vodafone's stake in US operator Verizon Wireless would ease the way for an AT&T deal, removing any competition problems in the US and giving Vodafone a significant cash for further investment. Under the UK Takeover Code, AT&T would now be restricted from making an offer for Vodafone within the next six months. However, the company noted that it reserves the right to launch a bid or participate in a joint offer within six months under the exceptions allowed under the code, such as Vodafone agreeing to such a bid or an offer from a third party emerging.

Tags: plans bid att vodafone

 

PepsiCo plans $5bn investment in Mexican operations

2014-01-27 01:00:00| Food Processing Technology

American food and beverage company PepsiCo has outlined plans to invest $5bn in its Mexican operations to further strengthen its food and beverage business in the country.

Tags: plans operations investment mexican

 

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