Swisscom in Fastweb takeover
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Swisscom offers to takeover Italian broadband internet provider Fastweb in a deal worth about 3.7bn euros.
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Softbank Corp. said Tuesday it will acquire Cable &amp; Wireless IDC Inc., a Japanese unit of British telecommunications firm Cable &amp; Wireless PLC, for 12.
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(InfoWorld) - Telecom Italia will acquire the Internet access unit of AOL in Germany for â¬675 million ($853.5 million) in cash, the two companies announced Sunday. The move comes amidst a reorganization by Telecom Italia that saw a failed bid to sell its mobile phone unit last week and the resignation of Chairman Marco Tronchetti Provera Friday. AOL's parent company, Time Warner, has been eager toÂ dispose of its ISPs, where its subscriber numbers have been declining. Telecom Italia made the buy in order to consolidate its broadband access service in Europe, the company said. The move would make the company the second largest Internet access provider in Germany with over three million subscribers, it said. Under the deal's terms, AOL will provide Telecom Italia with co-branded entertainment services to all of its residential customers for five years. AOL will also retain responsibility for all online advertising, also for five years. The deal is expected to close in four to six months and is subject to regulatory approval.
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Swiss Life, Switzerland's largest insurer, sells its UK life assurance business for Â£205m.
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Carlyle-controlled  Japanese  handy-phone firm Willcom Inc and a group led by mobile phone  operator KDDI Corp  won licenses to supply high-speed  wireless Internet access on Friday.
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Merger talks between telecommunications company Swisscom AG and Telekom Austria AG have broken off, Swisscom said Thursday.
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German drugmaker Merck KGaA   unveiled a surprise 16.6-billion-Swiss franc ($13.3  billion) deal to buy Swiss biotech firm Serono on Thursday,  creating a new force in European pharmaceuticals.
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SBC Communications and BellSouth will acquire YellowPages.com with the goal of building the site into a nationwide online business index, the companies said Thursday.
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Australian airline Quantas receives a takeover approach from Macquarie bank and Texas International.
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Cinven and BC Partners, managers of two of Europe's largest buyout funds, bid on Wednesday to acquire Amadeus Global Travel Distribution.
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Aug. 19 (Bloomberg) -- Swisscom AG, Switzerland&#39;s former phone monopoly, ended talks to buy a stake in Telekom Austria AG, after failing to resolve ``different interests.&#39;&#39; ...
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French reinsurer Scor has launched a hostile bid worth 1.9 billion euros for Swiss group Converium, sparking the prospect of further takeover moves in the sector.
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Bene anche banche, brilla Rcs, male Fastweb
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Slovak Telecom, the fixed-line operator controlled by Deutsche Telekom of Germany, has agreed to buy out AT&amp;T Wireless and Verizon from its mobile arm Eurotel for an undisclosed price.
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Business & money: Cable company says it has received a takeover bid and is considering potential sale.
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Switzerland's top telecommunications operator Swisscom said it was interested in a majority stake in the Czech Republic's Cesky Telecom, which is due to be privatised.
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UBS AG is to acquire the branch network   of McDonald Investments, a unit of KeyCorp, for up to $280   million, the Swiss investment bank said on Wednesday.