Virgin 'to improve' bid for Rock
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Virgin may sweeten its offer for Northern Rock as the government is set to unveil a plan to secure a private sale.
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British conglomerate Virgin Group Ltd. announced Tuesday that it is in talks with a mainland Chinese telecommunications company to set up a joint venture to provide mobile services in China.
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Virgin will use Airbus A340-600 aircraft on the London-Sydney route, but plans to increase capacity by using Boeing 747s or adding a second daily service.
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Media & professional: A consortium of four private equity firms is looking at buying Virgin Media, the $8bn (Â£4bn) cable company involved in a spat with BSkyB and whose biggest shareholder is Sir Richard Branson.
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&quot;Virgin has been in talks with Paul Allen and Burt [Rutan] throughout this year and in the early hours of Saturday signed a historical deal to license SpaceShipOne&#39;s technology to build the world&#39;s
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Media & professional: Richard Branson and Charles Allen, the former ITV chief, could launch a takeover of Virgin Radio.
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Virgin Group and up to two other bidders are expected to meet a Monday deadline for Northern Rock offers.
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The potential bid for Sir Richard Bransonâs Virgin Media could be worth more than $20 billion.
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Business & money: Government tells two groups bidding for Northern Rock to improve their offers or see bank nationalised
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Media & professional: Private equity group has made preliminary offer for Virgin Media, according to reports.
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Virgin Media, the UK's leading cable television company, may change its name if bought by private equity, a report says.
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British cable operator Virgin Media  has appointed Goldman Sachs to seek a possible buyer after it received approaches from various private equity firms, people familiar with the situation said on Sunday.
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Billionaire Richard Branson, banker  Luqman Arnold and an in-house management team are set to pitch  formal offers for Britain's Northern Rock Plc  on  Monday, the government's deadline for bids.
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LOS ANGELES : Richard Branson&#39;s Virgin Group said it was jumping into online music, with a &quot;Digital Megastore&quot; for US customers offering song downloads for 99 cents.
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LONDON, September 27  - Virgin Group Limited, owned by the British billionaire entrepreneur Richard Branson, is planning to launch the world&#39;s first passenger flight service to space in 2007, with seat prices starting at about $198,600.
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Virgin Group Ltd., owned by billionaire British entrepreneur Richard Branson, said it will begin selling a portable music player to compete with Apple Computer Inc.
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When Virgin Group  Chairman Richard Branson put his brand on a U.S. mobile telephone service two years ago, there appeared to be scant space for newcomers to the crowded market.