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Ruling on Nokia-Alcatel Lucent deal by July 27
2015-06-22 16:32:10| Telecom - Topix.net
European Union competition regulators are scheduled to decide by July 27 whether to allow Finnish telecoms equipment maker Nokia to acquire French peer Alcatel-Lucent to become the number two player in the sector. Nokia, which unveiled the 15.6 billion deal in April, sought EU approval last Friday, the European Commission said on its website.
Markets rise on hopes of Greece deal
2015-06-22 10:58:16| BBC News | Business | UK Edition
Stock markets rise on hopes a deal may finally be agreed between Greece and its creditors, after Athens submitted fresh proposals to avoid defaulting on its debts.
Tags: deal
rise
markets
greece
Vivendi to announce imminent Telecom Italia deal - report
2015-06-22 08:32:00| Telecompaper Headlines
(Telecompaper) French media conglomerate Vivendi is expected to announce an imminent deal that will see it increase its stake in Telecom Italia to 14.9 percent and secure two board seats, according to an unnamed source cited by Reuters. The announcement could be made by 23 or 24 June, the source said. Vivendi is keen on consolidating its position as Telecom Italia's largest shareholder beyond the 8.3 percent it will receive from Telefonica as part-payment for its Brazilian broadband unit GVT and last week sources reported that the French company is planning to increase its stake to 10-15 percent. However, a report in Italian business daily Il Sole 24 Ore suggests the Brazilian antitrust watchdog will require Vivendi to first sell a 7.4 percent stake it still holds in Telefonica's Brazilian unit Vivo before it can raise its stake in Telecom Italia.
Tags: report
deal
italia
telecom
Asia shares up on Greece deal hopes
2015-06-22 03:45:59| BBC News | Business | UK Edition
Asian shares open mostly higher with investors hopeful that European leaders are on track to reach a deal over Greece's debt crisis.
VIDEO: Greek bank chief urges debt deal
2015-06-21 16:09:45| BBC News | Business | UK Edition
The head of Greece's biggest bank has said she hopes "sanity will prevail" and that a deal will be agreed at emergency talks on Monday on the country's debt crisis.
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