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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A planned $3.1 billion takeover of  satellite operator Intelsat Ltd. appears in jeopardy after an  electrical problem ruined one of the company's satellites.
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BT Group has sold its stake in the satellite operator Eutelsat as part of a growing focus on its core business. The sale marks BT&#39;s exit from the satellite business and ends a 25-year-old tie with the operator which it helped co-found in the late 1970s.
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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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Intelsat Ltd. is renegotiating its $5 billion deal with prospective buyer Zeus Holdings Ltd. after the failure of a satellite over the weekend, officials of the company that operates communications satellites said Tuesday.-The Washington Post
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Deutsche Boerse AG, Europe&#39;s largest stock exchange by market value, made a 1.35 billion-pound ($2.6 billion) takeover offer for London Stock Exchange Plc, its second attempt in five years to buy the UK company.
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Qatar&#39;s state investment fund is set to  win the auction of Nasdaq&#39;s 31 percent stake in the London  Stock Exchange Group after lodging a bid of 2.8 billion pounds  ($5.6 billion), the Sunday Times reported on Sunday.
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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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British Sky Broadcasting Group Plc, Rupert Murdoch&#39;s UK pay-television arm, won an exclusive four- year contract to show live English cricket, cementing its grip on sports programming in Britain.
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Corus shareholders on Wednesday overwhelmingly backed a takeover of the Anglo-Dutch steel group by Tata Steel of India, as 97 percent of voters approved a deal worth 7 billion pounds.
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The United Arab Emirates and Qatar are set to own nearly half of the London Stock Exchange, a source close to the matter told AFP on Thursday.
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Imagination Technologies Group Plc  said on Monday that it had sold a 3 percent stake in the company to U.S. giant Intel Corp , sending its shares up 10 percent.
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Vodafone buys a controlling stake in Indian mobile phone firm Hutchison Essar for $11bn (Â£5.7bn).
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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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Intelsat Ltd. has regained control of a communications satellite whose failure had threatened the planned $3.1 billion sale of the company.
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Vodafone Group Plc  has  won the battle for a controlling stake in Hutchison Essar,  India's No. 4 mobile operator, with a bid that values it at  around $19 billion including debt, a source and India's Essar  group said on Sunday.
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A Macquarie Communications Infrastructure Group-led consortium bought NTL Inc.&#39;s antenna towers business in the UK for 1.27 billion pounds ($2.47 billion).