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Bidder preparing USD 1.1 bln bid for Telecom Argentina stake

2016-02-29 08:37:00| Telecompaper Headlines

(Telecompaper) Argentine businessman Carlos Newbery is preparing to make a bid for Telecom Italia's stake in Telecom Argentina, reports Bloomberg, adding that Newbury is ready to offer 10 percent more than US-backed investment fund Fintech. "The valuation and potential of the company is higher than what has been offered and we are ready to improve it up to USD 1.1 billion," Newbery told Bloomberg. Although Telecom Italia reached a deal back in 2013 to sell its 68 percent controlling stake in Telecom Argentina holding company Sofora to Fintech for USD 960 million, it has so far only been able to divest an initial 17 percent share. 

Tags: argentina usd bid telecom

 

Turkcell submits binding bid for TeliaSonera Eurasia ops

2016-02-29 01:00:00| Total Telecom industry news

Turkish mobile operator aims to take control of Fintur and TeliaSonera's direct stake in Kazakhstan's Kcell.

Tags: bid binding ops submits

 
 

Sharp accepts Foxconn takeover bid

2016-02-25 06:46:43| BBC News | Business | UK Edition

Struggling Japanese electronics giant Sharp says it has accepted a multi-billion dollar takeover bid from Taiwan's Foxconn.

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Pigs' Genetic Code Altered in Bid to Tackle Deadly Virus

2016-02-25 01:00:00| ThePigSite - Industry News

UK - Researchers have made an advance in the fight against a deadly virus that affects pigs.

Tags: code bid virus genetic

 

Coke falls flat at court with EU trademark bid for bottle shape

2016-02-24 23:09:03| Beverages - Topix.net

Coca-Cola's bid to win European Union trademark protection for a new version of its iconic bottle fell flat as EU judges said its curvaceous design wasn't distinctive enough. The world's biggest soft-drink company sought to convince the EU General Court in Luxembourg that consumers would see it as a "natural evolution" of the earlier shape loved by designers and artists from Andy Warhol to Salvador Dal.

Tags: court flat trademark falls

 

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