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News Corp in talks to take control of Foxtel - report
2016-03-23 14:31:00| Telecompaper Headlines
(Telecompaper) News Corp and Telstra, the joint owners of Australian pay-TV service Foxtel, are considering a deal that would reduce Telstra's stake in the venture and take News Corp's to 51 percent, people with knowledge of the matter told Bloomberg. As part of the proposed deal, News Corp would inject its Fox Sports Australia business, a local unit for sports content, into Foxtel and the business may then be publicly listed. The new entity may be valued at as much as AUD 8 billion (USD 6.1 billion), the Australian Financial Review has reported, citing unidentified people. Telstra may eventually sell most of its stake in Foxtel through an initial public offering, retaining a shareholding of around 19 percent, the report said.
Tags: news
report
control
corp
Apple reportedly in talks to buy Imagination Technologies
2016-03-22 19:29:29| Extremetech
Apple is reportedly in talks to buy Imagination Technologies, its longtime GPU supplier. The move would shake up the mobile graphics market and give Apple ownership of MIPS as well as its own ray tracing division.
Tags: buy
technologies
apple
talks
Zegona confirms exclusive talks to buy Yoigo
2016-03-21 08:26:00| Telecompaper Headlines
(Telecompaper) Spanish operator Zegona has confirmed it's in exclusive talks to acquire the mobile operator Yoigo from TeliaSonera. TeliaSonera also confirmed the talks but did not provide further details on the potential divestment. Earlier reports suggested Zegona was offering around EUR 500 million for Spain's smallest mobile operator. Zegona is an investment vehicle set up by former Virgin Media finance director Eamonn O'Hare. Last year it acquired regional broadband operator Telecable.
Tags: buy
exclusive
talks
confirms
Calls for new US West Coast ports contract talks
2016-03-18 17:38:00| Daily apparel & textile news and comment - from just-style.com
More than 100 US-based industry groups are calling for West Coast port stakeholders to start negotiations on a new labour contract for dockworkers in order to avoid the disruption seen last year.
Tags: west
contract
calls
coast
Aeropostale explores sale talks amid vendor dispute
2016-03-18 13:59:00| Daily apparel & textile news and comment - from just-style.com
Struggling teen apparel retailer Aeropostale has revealed it is exploring strategic options, which could include a sale or restructuring, and is involved in a supplier dispute which is disrupting the supply of some merchandise.
Tags: sale
vendor
talks
dispute
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