NTL to sell broadcast business for â¬1.84bn
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UK media company NTL has entered into an agreement to sell its broadcast business to a consortium led by Australian firm Macquarie Communications Infrastructure Group (MCG) and other third party investors for a purchase price of â¬1.84bn.
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Thomson Corp., owner of the Westlaw legal-research and First Call financial data services, will sell its media unit, which includes the Bond Buyer and American Banker magazines, for $350 million to buyout firm Investcorp SA.
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British broadcaster ITV has rejected outright a 4.74-billion-pound approach from US cable operator NTL, arguing that it &quot;materially undervalues&quot; the company.
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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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Britain&#39;s largest cable company, NTL, is to sell its network of communication masts and towers in a deal worth almost Â£1.3bn, it was announced today.
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An Australian-led consortium said it would buy the broadcast business of communications and entertainment group ntl Inc for 1.27 billion pounds (2.46 billion US dollars).
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Troubled bank Northern Rock will be taken into public ownership, the BBC's business editor reports.
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Royal Dutch/Shell plans to auction off its liquefied petroleum gas business, which is valued at more than one billion pounds.
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Cable &amp; Wireless has agreed to sell its Japanese unit to Softbank for 72.4 million pounds. The deal, under which the Japanese Internet communications company will assume debt worth 9.5 million
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ProSiebenSAT1, the German commercial television group, said Wednesday it would buy rival SBS Broadcasting in a 3.3-billion-euro (4.4-billion-dollar) deal to create Europe&#39;s second-biggest broadcaster.
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The owners of cable firm NTL are to sell its Irish division in a deal that could be worth 150- 200 million, writes Jamie Smyth, Technology Reporter.
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Nokia Siemens Networks  (NSN)  said on Wednesday it had agreed to buy Britain's Apertio Ltd  for about 140 million euros ($205 million) and expects to close  the deal in the first quarter of 2008.
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SYDNEY A fund managed by Macquarie Bank, Australia&#39;s largest investment bank, said Thursday that it had agreed to buy NTL&#39;s transmission towers in Britain for Â£1.27 billion, or $2.47 billion.
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Virgin Media, the telecom and television giant previously known as NTL, confirmed Monday a bid for the group was being made but offered no details.
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VNU, the Dutch market research and information group, yesterday sold its directories business for â¬2.1bn (Â£1.4bn) to venture capital groups Apax Partners and Cinven.
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NTL unveils a TV, high-speed internet, and fixed-line and mobile phone package for Â£40 a month.
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BT Group Plc, the UK&#39;s largest phone operator, agreed to sell its stake in Eutelsat SA for 363 million pounds ($685 million) in cash, marking the company&#39;s exit from the satellite operating business.