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Tag: buyout
Peacocks receives management buyout bid
2020-12-04 12:56:00| Daily apparel & textile news and comment - from just-style.com
Administrators of fashion retailer Peacocks have received a management buy-out (MBO) proposal that could prevent UK-wide store closures and save 4,908 jobs.
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Orange plans buy-out offer for rest of Orange Belgium shares
2020-12-03 09:25:00| Telecompaper Headlines
(Telecompaper) The Orange group has announced an offer for all the shares of Orange Belgium it does not yet own. The bid will be submitted to the Belgian Financial Services and Markets Authority (FSMA) for approval, in the form of a conditional voluntary public takeover offer. Orange Belgium, after reading the press release issued by the group, said its board of directors will meet as soon as possible to examine the offer.
Rival firms rally to challenge NTTs $40bn buyout of DoCoMo
2020-11-11 01:00:00| Total Telecom industry news
At the end of September, it was announced that Japanese telco NTT was set to buyout NTT DoCoMo, the mobile unit in which it already owns 66% equity. The deal is set to be for a record-breaking $40 billion, with Japan’s three major banks set to coordinate loans amounting to almost $37…read more on TotalTele.com »
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NTT launches JPY 4.25 trillion buyout offer for mobile unit Docomo - report
2020-09-29 09:28:00| Telecompaper Headlines
(Telecompaper) Japanese operator Nippon Telegraph and Telephone (NTT) plans to take its mobile business NTT Docomo private, according to multiple media reports. The deal is worth around JPY 4.25 trillion (approximately USD 40 billion). NTT will launch a tender offer for the 34 percent stake in NTT Docomo that it does not already own, at JPY 3,900 per share.
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NTT set to buy-out DoCoMo for $40bn as price war looms
2020-09-29 02:00:00| Total Telecom industry news
NTT is set to acquire its mobile unit NTT DoCoMo for a record-breaking $40 billion. The former monopoly, which already owns around 66% of DoCoMo’s shares, is offering $37 per share, a premium of around 40% on Monday’s closing stock price. …read more on TotalTele.com »