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Sunplus to sell set-top box chip business to Availink

2015-01-20 14:20:08| Digital TV News

Sunplus Technology (TAIEX: 2401, LSE: SUPD) has announced that it will sell its set-top-box product center assets to Availink for NT$330 million, NT$295million of which it will use to to acquire a 16.67% share of Availink.

Tags: business box sell chip

 

Telefonica in talks to sell O2 to Hutchison - report

2015-01-19 09:29:00| Telecompaper Headlines

(Telecompaper) Telefonica is in talks with Hutchison Whampoa about merging their subsidiaries Telefonica UK (O2) and 3 UK, a person with knowledge of the situation told the Financial Times. Telefonica has been examining various options for the future of O2 since summer 2014, and was in talks to acquire EE, which is now in due diligence to be bought by BT. Other potential partners for Hutchison include TalkTalk and Sky, the person said. Telefonica also has the option of floating O2 in the UK. Telefonica has been advised by UBS since last autumn. He added that there was no urgency to strike a deal as BT's acquisition of EE is not likely to be completed until 2016. According to analysts, Telefonica is likely to want over GBP 8 billion for its UK business and is said to prefer cash rather than shares in a merged group given its need to cut its debt. Hutchison Whampoa has been strengthening its European operations and has reached an agreement to buy Telefonica's business in Ireland and was in talks to merge its Italian operations with those of VimpelCom. Telefonica would not comment on the matter and Hutchison Whampoa was not available to comment.

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Goldman Sachs Reiterates "Sell" Rating for Intel

2015-01-16 23:15:43| Agriculture - Topix.net

INTC has been the subject of a number of other recent research reports. Analysts at Deutsche Bank raised their price target on shares of Intel from $40.00 to $42.00 and gave the company a "buy" rating in a research note on Friday.

Tags: rating sell intel goldman

 

OP-ED | Let Connecticut's Car Dealers Sell Teslas

2015-01-16 20:25:51| Auto Dealers - Topix.net

It's getting a lot of attention: the Tesla, the luxury electric car that has excited many car enthusiasts. The price tag is high and only a handful of people in Connecticut own one.

Tags: car sell dealers oped

 

RadioShack in talks to sell leases on stores to Sprint: Bloomberg

2015-01-16 01:24:51| IT Services - Topix.net

RadioShack Corp, expected to file for bankruptcy next month, is in talks to sell leases on some of its stores to telecoms operator Sprint Corp, Bloomberg said, citing a person with direct knowledge of the matter. The struggling electronics retailer is seeking to emerge from bankruptcy with 2,000 to 3,000 stores, compared with the more than 4,000 it has now, the source told Bloomberg.

Tags: to sell stores talks

 

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