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Google wins EU clearance for Fitbit takeover after data, API commitments
2020-12-17 16:28:00| Telecompaper Headlines
(Telecompaper) Google has secured clearance from the European Commission for its takeover of Fitbit, after agreeing to limits on how it can use data collected over Fitbit wearables. The conditions will apply for ten years and may be extended further if needed to protect competition, the Commission said.
Tags: data
google
clearance
api
TalkTalk agrees GBP 1.1 billion takeover deal with Toscafund
2020-12-17 10:49:00| Telecompaper Headlines
(Telecompaper) UK telecoms company TalkTalk Telecom Group and Tosca IOM, a newly-incorporated company formed by Toscafund and Penta, have reached an agreement on the terms of a recommended takeover offer for all of TalkTalk. Each shareholder will be entitled to 97 pence in cash per share.
Claro, TIM and Telefonica confirm takeover of Oi Movel for BRL 16.5 billion
2020-12-15 10:34:00| Telecompaper Headlines
(Telecompaper) The joint bid of TIM Brasil, Telefonica Brasil and Claro Brasil for Oi's mobile business has been declared the winner, with an offer of BRL 16.5 billion (EUR 2.7 billion). The three rivals increased their bid in July and entered exclusive talks with Oi in August. No higher bidders appear to have emerged, allowing the three companies to divide up the business amongst themselves.
Tags: confirm
tim
billion
claro
Is Altice Europes takeover by its billionaire founder unlawful?
2020-12-04 01:00:00| Total Telecom industry news
Back in September, Patrick Drahi (pictured), the billionaire founder of Altice Europe, announced that he would be taking the company private through a €2.5 billion takeover via his company Next Private. Drahi already owns 77.6% of the company. “This transaction will allow Altice Europe to more successfully and effectively achieve its goals in a private and fully owned environment…read more on TotalTele.com »
Tags: founder
unlawful
takeover
billionaire
Stein Mart to relaunch as online-only retailer following $6m takeover
2020-12-03 11:17:00| Daily apparel & textile news and comment - from just-style.com
Stein Mart is to relaunch as an online-only retailer early next year after being snapped up by Dressbarn-owner Retail Ecommerce Ventures (REV) at a bankruptcy court auction for US$6.02m.
Tags: stein
mart
retailer
takeover
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