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Orange nears sale of Dominican Republic unit for above 1bn

2013-11-22 01:00:00| Total Telecom industry news

Stephane Richard says likelihood of sale announcement in next few days is high.

Tags: sale unit orange republic

 

Redbirds sale will include new look for AutoZone Park

2013-11-22 00:25:30| Auto Parts - Topix.net

If the proposed deal for the Memphis Redbirds acquisition by the St. Louis Cardinals is finalized in the next month or two, AutoZone Park will not only have new owner in the city of Memphis, but it will be getting a face lift.

Tags: include sale park autozone

 
 

Deutsche Telekom agrees Scout24 sale for EUR 1.5 bln

2013-11-21 16:26:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has reached an agreement to sell a 70 percent stake in its directories unit Scout24 to Hellman & Friedman. Deutsche Telekom will retain a 30 percent stake in the company. The transaction, expected to close in the first quarter of 2014 pending regulatory approval, will generate cash proceeds at closing of approximately EUR 1.5 billion. The German operator acquired Scout24 in 2004 and has been looking to sell the company since early this year. It reportedly attracted the interest of several private equity groups. Scout24 operates the online classifieds sites ImmobilienScout24 and AutoScout24 in Germany. It counts around 14 million monthly visitors and operates in 22 countries. Hellman & Friedman is a US-based private equity firm specialising in the TMT sector.

Tags: sale eur deutsche agrees

 

Tele2 to Weigh Sale of Dutch Fixed Lines as Decline Accelerates

2013-11-21 07:09:36| Appliances - Topix.net

Tele2 AB, the wireless carrier building a fourth-generation network in the Netherlands, may consider selling its older fixed-line network in the country after customer declines accelerated.

Tags: sale lines fixed dutch

 

Analyst: ThyssenKrupp sale likely in the next few weeks, but steel slabs remain an issue

2013-11-21 06:36:55| Steel - Topix.net

ThyssenKrupp AG postponed reporting its financial results for the quarter Tuesday, as a deal to sell its Alabama-based steel business.

Tags: sale issue weeks remain

 

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