Edition:
United Kingdom

Leila Abboud

Warburg Pincus enters race for T-Mobile Netherlands: sources

12 Nov 2015

LONDON/PARIS U.S. private equity firm Warburg Pincus [WP.UL] is looking to bid for Deutsche Telekom's T-Mobile Netherlands division, exploiting the industry experience of two of its senior partners, three sources familiar with the matter said on Thursday.

Private equity firm Warburg Pincus enters race for T-Mobile Netherlands - sources

12 Nov 2015

LONDON/PARIS, Nov 12 U.S. private equity firm Warburg Pincus is looking to bid for Deutsche Telekom's T-Mobile Netherlands division which is worth up to 3 billion euros, three sources familiar with the matter said on Wednesday.

Telefonica says Mexican arm could be candidate for flotation

11 Nov 2015

BARCELONA, Nov 11 Spain's Telefonica is committed to staying in the Mexican market and sees its subsidiary there as an attractive candidate for a share market flotation, the group's finance chief said on Wednesday.

Vivendi's profits fall, predicts 'heavy' investment spend

10 Nov 2015

PARIS France's Vivendi reported a lower third-quarter operating profit on Tuesday, as its music and pay-television units struggled with competition and subscriber losses, and said it expected to be spending heavily on new investments to rebuild the group after a series of asset sales.

Vivendi will not oppose Telecom Italia stock conversion-source

06 Nov 2015

MILAN/PARIS Telecom Italia's biggest shareholder, Vivendi, will not oppose the conversion of savings shares into ordinary stock despite the resulting dilution of the French media group's 20 percent stake, a person familiar with the matter said.

Activision Blizzard buys 'Candy Crush' maker in mobile push

03 Nov 2015

DUBLIN Video game maker Activision Blizzard will buy "Candy Crush Saga" creator King Digital Entertainment for $5.9 billion, as the heavyweight of console and PC-gaming makes a major push into the faster-growing mobile market. | Video

Activision Blizzard buys 'Candy Crush' maker in mobile push

03 Nov 2015

DUBLIN Video game maker Activision Blizzard will buy "Candy Crush Saga" creator King Digital Entertainment for $5.9 billion, as the heavyweight of console and PC-gaming makes a major push into the faster-growing mobile market. | Video

Iliad founder Xavier Niel buys Telecom Italia stake

29 Oct 2015

PARIS/MILAN Telecoms tycoon Xavier Niel has become the second-largest shareholder in Telecom Italia behind Vincent Bollore's Vivendi , giving two French billionaires sway over the future of Italy's biggest carrier.

Iliad founder Xavier Niel buys Telecom Italia stake

29 Oct 2015

PARIS/MILAN Telecoms tycoon Xavier Niel has become the second-largest shareholder in Telecom Italia behind Vincent Bollore's Vivendi , giving two French billionaires sway over the future of Italy's biggest carrier.

Nokia beats estimates and returns cash, Alcatel deal on track

29 Oct 2015

HELSINKI/PARIS Finnish network equipment maker Nokia reported stronger-than-expected quarterly profits as growth in China offset weaker demand in other key markets, and said it would return money to shareholders after acquiring Alcatel-Lucent.

World News

EU rebuffs Johnson's Brexit gambit

The European Union on Tuesday rebuffed Prime Minister Boris Johnson's demand that it reopen the Brexit divorce deal, saying Britain had failed to propose any realistic alternative to an agreed insurance policy for the Irish border.