Bell Canada sells stake in MTS
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MONTREAL (CP) - BCE Inc. is selling most of its minority stake in MTS for a total of $578 million, with MTS buying back more than half of the shares and the rest sold on the open market, BCE announced Wednesday.
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Toronto-based Rogers Communications Inc. has agreed to do what it can to help AT&amp;T Wireless Services Inc. unload its minority stake in subsidiary Rogers Wireless Communications Inc.
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BCE Inc , Canada's largest telecommunications group, has agreed to a C$51.7 billion ($48.5 billion) offer from a group including the Ontario Teachers Pension Plan, in what the purchasers said was the largest buyout in Canadian corporate history.
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BCE Inc. will sell its Telesat Canada satellite communications division to Loral Space and Communications and a Canadian pension fund.
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BCE Inc , Canada&#39;s largest  telecommunications group, has agreed to a C$51.7 billion ($48.5  billion) offer from a group including the investment arm of the  Ontario Teachers Pension Plan, Providence Equity Partners Inc.  and Madison Dearborn Partners, LLC, the company said on  Saturday.
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IT services vendor LogicaCMG Plc's involvement in the mobile communications software space is over following the sale of its telecoms products division to a private equity group for 265m pounds ($348m) in cash.
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CIBC will sell off Juniper Financial Corp., a credit card issuer in which it first took a 51-per-cent stake in 2001.
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Forget your holiday plans for a minute and think back. Way back. All the way to June. That was when the frenzy of leveraged buyouts hit its peak, cresting with a $48 billion bid for BCE, the parent of Bell Canada, which remains the largest buyout deal ever. A week later, Hilton Hotels agreed to [...].
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TORONTO, June 30 -- Bell Canada agreed Saturday to be bought by a private partnership led by the Ontario Teachers Pension Plan in a deal valued at $48.5 billion that would be the largest leveraged buyout ever.
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Telus, the Western Canadian telephone company, unexpectedly withdrew its bid for its larger rival, Bell Canada.
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TSMC (2330.TW), the world's largest  contract chip maker, said on Friday Philips  plans to  sell TSMC shares it owns to help it make an orderly exit from  its current $8.5 billion stake in the Taiwan company.
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Anadarko Petroleum Corp. APC.N on   Thursday said it had agreed to sell its Canadian subsidiary to   Canadian Natural Resources Ltd. CNQ.TO for more than $4   billion.
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BCE Inc, Canada's largest telecommunications group, has agreed to a C$51.7 billion ($48.5 billion) offer from a group including the Ontario Teachers Pension Plan, in what the purchasers said was the largest buyout in Canadian corporate history.
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Alltel Corp., the sixth biggest U.S. cellular carrier, has agreed to buy Western Wireless Corp., a Northwest regional carrier which owns the Cellular One brand, for about $4.4 billion in cash and stock.
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A private buyout firm that had said it was seeking to take control of MCI Inc. has sold its 5 percent stake in the long-distance giant for a $20 million pretax profit.-The Washington Post
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SINGAPORE (Dow Jones)--Singapore&#39;s state-owned investment company Temasek Holdings Pte Ltd. Friday said it sold a 2% stake in Singapore Telecommunications Ltd.
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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.