Four Firms Buy Intelsat
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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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Four private equity firms plan to buy  Bermuda-based Intelsat for about $3 billion, the world's  second-largest satellite operator said on Monday.
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US private equity firm Colony Capital  buys Libyan oil company Tamoil  in a deal valuing it at 4bn euros.
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Satellite operator Intelsat Ltd. has lost a satellite following an unexpected electrical power problem, less than two months after electrical problems ruined another satellite.
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The four networks have been bought by consortia which include Scottish &amp; Southern Energy and United Utilities. Transco said that it would return about Â£2bn to shareholders following the sale and would increase its dividend for the current year by 20%.
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NEW YORK -- Intelsat Ltd., the pioneering satellite operator founded by a multinational government consortium, is being acquired by a group of investment funds for about $3 billion in cash, the third major buyout in the industry disclosed this year.
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The private equity firm said it had agreed to buy an Indian back-office company, Intelenet Global Services Ltd., for an undisclosed sum.
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Financial services holding company Legg Mason Inc. agreed to buy four private investment counsel offices from Deutsche Bank AG representing $5.
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BT Group, the privatised former British telecoms monopoly, has sold its entire holding in the French satellite operator Eutelsat for Â£363m.
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London-based private-equity firm BC  Partners was in the lead to purchase satellite operator  Intelsat Ltd. for about $5 billion plus the assumption of about  $11.5 billion in debt, The Wall Street Journal Online reported.
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PHILADELPHIA--The planned $3.1 billion takeover of satellite operator Intelsat Ltd. could be in jeopardy after an electrical problem ruined one of the company&#39;s satellites on Sunday.
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Symantec, the leading maker of computer security software, will buy Veritas for about $13.5 billion, creating the world's fourth-largest software company.
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BRITISH Telecom today announced the sale of its stake in one of the worldâs largest satellite companies for Â£363 million. The telecoms giant said it was offloading its 15.8 per cent holding in Paris-based
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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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Global satellite operator Intelsat Ltd. has permanently lost one of its orbiting spacecraft because of an electrical failure, the latest threat to a $5 billion deal to sell the company, officials said Monday. -The Washington Post
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India plans to buy 40 Hawk trainer jets for its air force from defence group BAE Systems in addition to 66 purchased for 1.45 billion dollars in 2004, officials said.