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Orange offers to buy Jazztel for EUR 3.4 billion

2014-09-16 08:34:00| Telecompaper Headlines

(Telecompaper) Orange has launched an offer to acquire Spanish broadband operator Jazztel in a bid to compete with its two main rivals Telefonica and Vodafone. The agreement, which values Jazztel at EUR 3.4 billion, follows months of rumours that Orange had intensified its search for acquisition targets in Spain to avoid being left out of the country's telecoms market consolidation. The French operator made an offer for 100 percent of Jazztel shares at EUR 13 per share in cash, which Orange said was 34 percent more than Jazztel's average closing price in the last 30 days. The deal is subject to regulatory approval as well as to Jazztel shareholders tendering at least half of the stock on top of an almost 15 percent stake held by executives who have agreed to sell, including chairman Leopoldo Fernandez Pujals. 

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United Offers up to $100K If Workers Leave

2014-09-16 00:53:32| Airlines - Topix.net

United Airlines reached a deal with the flight attendants' union to offer up to $100,000 in severance for workers who leave the company. United spokeswoman Megan McCarthy said Monday that the airline hopes that at least 2,100 of its 23,000 flight attendants will accept.

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GM offers compensation for 19 deaths related to ignition switch

2014-09-15 19:19:56| Automakers - Topix.net

General Motors Co. will pay compensation for 19 deaths linked to a faulty ignition switch, according to the lawyer overseeing the process, more than the 13 deaths the automaker had previously admitted were caused by the now recalled part.

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Burnley centre offers job advice and skills courses

2014-09-15 17:20:15| Wireless - Topix.net

WITH unemployment a major problem in the UK, centres like The Switch in Burnley have seen a huge demand for their services. The offices in Keirby Walk offer a wide range of help, from job seeking advice to free supported courses and WiFi access.

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M&S offers online education courses

2014-09-15 15:03:46| BBC News | Business | UK Edition

The High Street retailer is entering online education with the launch of a business course with Leeds University.

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