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Dell spinning off VMware stake to raise nearly $10bn

2021-04-15 02:00:00| Total Telecom industry news

Last year, it was reported that Dell Technologies was considering a spinoff for its roughly $50 billion stake in cloud specialist VMWare, with the PC maker hoping that such a move would boost the value of its shares. At the time, the company was reportedly exploring all of its options, including buying the remainder of the cloud software giant&rsquo…read more on TotalTele.com »

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Vodafone to raise up to EUR 2.3 billion from Vantage IPO

2021-03-18 12:04:00| Telecompaper Headlines

(Telecompaper) Vodafone has set the final offer price for the initial public offering of its unit Vantage Towers, at EUR 24 per share. The company had previously given a range of EUR 22.50-29.0 per share...

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Baidu to raise HKD 24 billion in Hong Kong secondary listing

2021-03-18 08:47:00| Telecompaper Headlines

(Telecompaper) Chinese internet group Baidu is selling new shares as part of starting a second listing on the Hong Kong stock market...

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Rakuten to raise JPY 242 billion in share sale to Japan Post, Tencent, Walmart

2021-03-12 12:18:00| Telecompaper Headlines

(Telecompaper) Rakuten has agreed to raise JPY 242.3 billion from the sale of shares to strategic partners Japan Post, Walmart and Tencent, as well as its founder and CEO Hiroshi Mikitani...

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The Restaurant Group: Wagamama owner to raise millions as lockdown bites

2021-03-10 09:50:48| BBC News | Business | UK Edition

The Restaurant Group says its sales dived by 57% last year after its sites were forced to close.

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