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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. 

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Exceedingly good news for investors in Mr Kipling firm Premier Foods

2016-03-23 12:18:25| Food - Topix.net

Mr Kipling cakes firm Premier Foods revealed it has snubbed a takeover approach from an American suitor and announced a tie-up with noodle-giant Nissin Foods. Premier shares soared more than 47% when it revealed it had turned down an approach by US food group McCormick & Company because it "significantly" undervalued its future growth.

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The Pacifica Evening News, Weekdays a " March 22, 2016

2016-03-23 04:25:47| Biotech - Topix.net

SF City College vs. ACCJC; the Mayor Race and the DCCC; and the New Screenings at Centers for Disease Control and Prevention The San Francisco City College vs. Accrediting Commission for Community and Junior Colleges. Supervisor David Campos and the resolution to declare a state emergency on homelessness.

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French Media: Use Ad Blockers? No News for You

2016-03-22 21:04:20| PC Magazine Software Product Guide

Either allow ads or get ready to pay for content, the companies say.

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Global news roundup

2016-03-22 12:00:00| Daily apparel & textile news and comment - from just-style.com

The following is a round-up of apparel and footwear news from the world's local media.

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