Hints and tips:
...“They do not want to be left holding junior capital. The recent crisis with Silicon Valley Bank and the regional banks will make it even more of a focus for banks to be cautious.”...
...Apollo bought $2bn of AT&T preferred stock in a deal that allowed the wireless carrier to partially repay some of its outstanding preferred equity....
...In the UK, where jealous newspaper rivals and hostile politicians have kicked lumps out of the institution known semi-affectionately as “Auntie”, holding the nation’s attention and respect has seemingly...
...Apple Pay Later will be serviced through a wholly owned subsidiary, Apple Financing LLC. Lex assesses the risks. 2....
...But with Mr Glasenberg now preparing to retire after two decades in charge, Glencore is at a crossroads....
...Once the capillaries of wireless networks, the steel structures have become surplus to requirements for debt-laden European telecoms companies looking to make some cash....
...But after a period of turbocharged growth, not least in the past five years, the industry is now rapidly approaching a crossroads....
...Most of that was down to a 7.9 per cent rise in China Unicom after the state-owned wireless telecom’s Shanghai-listed unit confirmed a private placement plan to companies including Tencent, Alibaba and Baidu...
...Wireless infrastructure provider Crown Castle said Tuesday it would pay $7.1bn to acquire privately held Lightower, in a deal expected to greatly expand its fibre holdings in major US cities....
...And in a sign of relentless cost pressures they are finding ways to economise: top groups including DRW, IMC, Jump Trading and XR Trading have banded together to construct a speedy wireless-and-cable route...
...The $3bn purchase is not cheap for SoftBank, the owner of US wireless carrier Sprint, which just spent $32bn to acquire UK chip designer Arm Holdings last year....
...Mr Charlier said VimpelCom was “at a crossroads” only a year ago and had “lost its way” due to plummeting sales, structural and financial issues due to debt and a bribery case hanging over its head....
...US stocks ended the week on a firm note as participants digested a mixed bag of corporate earnings and continued to focus on the prospect of the Federal Reserve holding back from raising interest rates until...
...Gotham followed up with an investigation into Gowex, a Spanish wireless internet provider that had grown into the largest company on Madrid’s small company exchange....
...In a statement, the company said Mr Falcone planned to concentrate on a more recent acquisition vehicle called HC2 Holdings, which has been expanding in telecoms, biotech and steel production....
...“We don’t have the kind of money to go outbid Sprint for T-Mobile or outbid AT&T for DirecTV,” he added, while arguing that such a bid could boost valuations of Dish’s wireless spectrum holdings....
...However, analysts think the company could be interested in buying a tranche of spectrum owned by Verizon Wireless that could come up for sale....
...bought US wireless carrier AirTouch....
...Following the deal, Vodafone will own around one-third of Verizon Communications, the parent of the US wireless arm. The UK mobile operator is expected to spin off this holding to investors....
...Nor would Vodafone generally be exposed to US taxes on the disposal of its US holding company, whose main asset is the Verizon Wireless stake, to joint venture partner Verizon....
...Markel, the US insurer, this week offered £116.5m in cash, or 115p a share, for the group, and shareholders holding 66 per cent have accepted....
...She notes that Goldman Sachs analysts reckon that dealer-banks holdings of corporate bonds are down 40 per cent from a 2006 peak of about $38bn....
...But the company must also spend to integrate and improve the fixed-line system acquired with its £1bn takeover of Cable & Wireless Worldwide....
...The deal, which will provide Sprint with access to Clearwire’s substantial spectrum holdings, has been approved by Clearwire board as well as Japan’s SoftBank, which in October agreed to buy 70 per cent...
...The all-cash offer from MidAmerican Holdings, a Berkshire subsidiary that provides power in the midwest and Rocky Mountain regions, values NV at $10bn, including debt.”...
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