British Investors Win Majority Stake in Intelsat
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Intelsat, the world's largest satellite company, agreed yesterday to sell the majority of its shares to London-based BC Partners, one of Europe's largest private-equity firms, in a deal worth about $16.4 billion.
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British defense firm BAE Systems  won shareholders' backing on Wednesday to sell its stake in planemaker Airbus to EADS , which a day earlier said a fresh delay in the A380 superjumbo would hit earnings.
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Leading British blue chips extended gains in late trade to close markedly higher, taking heart from strong gains across US markets led by gains in telecoms on positive earnings news and mergers and acquisition speculation, dealers said.
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State-linked investment funds in Qatar and Singapore are interested in buying almost one third of the London Stock Exchange from the US Nasdaq market, British media reported on Monday.
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Shares in Intel, the world&#39;s largest semiconductor company, surged by nearly 8 per cent in after hours trading after it raised to between $9.3 billion to $9.5 billion, from a range
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General Electric Co. GE.N said on  Friday that two private investment firms completed a deal to  buy a majority interest in its India-based back office unit.
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A planned $3.1 billion takeover of satellite operator Intelsat Ltd. appeared in jeopardy on Sunday after the company said an electrical problem had ruined one of its satellites.
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A planned $3.1 billion takeover of satellite operator Intelsat Ltd. appeared in jeopardy on Monday after the company said an electrical problem had ruined one of its satellites.
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Bradford &amp; Bingley was the top performer in a FTSE 100 index that Thursday enjoyed its biggest one-day percentage gain since March.
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London Stock Exchange (LSE) directors are confident that the firm's investors will approve its takeover of Borsa Italiana.
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LONDON (Dow Jones)--UK power and gas system operator National Grid Transco PLC (NGT.LN) Tuesday said it will return GBP2 billion, or 65 pence a share, to its shareholders after selling four
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Intelsat Ltd., the pioneering commercial satellite company that connected the world through global television and telephone communications, announced Monday its sale to a group of private investors for $3 billion in cash. -The Washington Post
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British billionaire adds to stake even after a big-fourth-quarter loss.
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International Business Machines Corp. is selling a majority stake in its pioneering personal computer business to China&#39;s biggest computer maker, Lenovo Group Ltd.
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Terra Firma, the private equity group, said Friday it had secured more than a quarter of the shares in British music publisher EMI in the wake of its takeover offer agreed in May.
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An unusual alliance of US and European private equity firms has won the auction to buy Bermuda-based satellite business Intelsat. Europeans Apax and Permira and US firms Apollo Management and Madison Dearborn will pay $3bn for the business and assume $2bn ...
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BAE Systems advised its shareholders to sell the British defence group's 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 2.75 billion euros (3.5 billion dollars).