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Diageo toasts takeover of India's United Spirits
2014-07-03 15:00:39| Beverages - Topix.net
Johnnie Walker owner Diageo has finally gained controlled of India's largest spirits company in an attempt to pep up sales in the world's biggest whisky market.
Tags: united
spirits
takeover
indias
AUSTRALIA: David Jones takeover meeting to proceed
2014-07-03 13:44:00| Daily apparel & textile news and comment - from just-style.com
A shareholder meeting to agree Woolworths' planned AUD2.2bn (US$2.1bn) takeover of department store retailer David Jones will proceed on 14 July following a court hearing.
Tags: david
australia
meeting
jones
EC approves Vodafone's EUR 7.2 bln takeover of Ono
2014-07-03 09:00:00| Telecompaper Headlines
(Telecompaper) The European Commission has approved Vodafone's EUR 7.2 billion takeover of Spanish cable provider Ono without conditions. The deal, which Vodafone said will now be closed "within two to three weeks", represents the UK operator's third acquisition of a European fixed-broadband asset in two years and gives it immediate access to Ono's extensive fibre network covering 7.2 million Spanish homes. It also serves to increase Vodafone's 25 percent share of the Spanish mobile market by almost two percentage points. In approving the takeover, the Commission concluded that the transaction "would not significantly impede effective competition in Spain." Although the two companies provide fixed and mobile services in Spain, the EC said their activities were largely complementary given that Ono specialises in fixed telecoms, while Vodafone is mainly active in mobile telecoms. "However, the Commission found that the impact of the transaction on these markets is likely to be limited as the combined entity would continue to face significant competition from other market players, such as the incumbent operator Telefonica, and other operators such as Orange and Jazztel," it said.
Microsoft admits technical error in IP takeover, but No-IP still down
2014-07-02 13:00:16| InfoWorld: Top News
Microsoft admitted Tuesday it made a technical error after it commandeered part of an Internet service's network in order to shut down a botnet, but the Nevada-based company says its services are still down. A federal court in Reno granted Microsoft an ex-parte restraining order that allowed it to take control of 22 domains run by No-IP, a DNS (Domain Name Service) provider owned by Vitalwerks, which was served the order on Monday.
Tags: down
still
error
technical
EU clears Telefonica's takeover of German E-Plus
2014-07-02 12:31:05| Telecom - Topix.net
The EU Commission said Wednesday the deal is conditional on Telefonica selling up to 30 percent of the merged company's network capacity to service providers to boost competition.
Tags: german
takeover
clears
eplus
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