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Amazon eyes $2bn stake in Airtel as FAANG companies back Indian telcos

2020-06-04 02:00:00| Total Telecom industry news

Back in April, Facebook made a huge investment into Reliance Jio, committing to the Indian market with a $5.7 billion share of the country’s largest telco. Jio has seen a host of further investments, with Abu Dhabi’s Mubadala Investment Co…read more on TotalTele.com »

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Total Acquires Stake in $3.7 Billion Offshore Wind Farm Project

2020-06-03 23:00:00| OGI

The French energy giant will acquire a 51% stake in the Seagreen 1 project, which, once completed, will be Scotlands largest offshore wind farm.

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United Group expands to Greece with stake in Forthnet

2020-06-01 08:09:00| Telecompaper Headlines

(Telecompaper) United Group, the cable and media operator in South Eastern Europe, has agreed to acquire the debt and a significant minority interest in Forthnet, the pay-TV and broadband provider in Greece. The transaction will see United Group acquire all of the company's loan obligations, the convertible debt and an initial 36 percent of the company's shares following the successful conclusion of negotiations with Forthnet's main shareholders and creditors National Bank of Greece, Alpha Bank, Piraeus Bank and Attica Bank. Further details of the transaction were not disclosed, and the deal remains subject to customary regulatory approvals.

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Google mulls Vodafone Idea stake acquisition - report

2020-05-29 07:53:00| Telecompaper Headlines

(Telecompaper) Google plans to invest in Indian operator Vodafone India. The US giant seeks to acquire a 5 percent stake in Vodafone Idea, Financial Times reports, citing unnamed sources familiar with the matter. No financial details related to the planned transaction have been disclosed.

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Boohoo to buy remaining stake in PrettyLittleThing

2020-05-28 13:12:00| Daily apparel & textile news and comment - from just-style.com

Online fast-fashion retailer Boohoo Group is to acquire the remaining 34% stake in its PrettyLittleThing brand in a deal that could potentially be worth GBP323.8m (US$397m).

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