PE firms look to acquire BT’s Tech Mahindra stake – report
Two US-based PE firms – Advent International and Carlyle Group – are reportedly considering an acquisition of BT’s 23.2% stake ...
Tag: Credit Suisse
Analysts: Sprint facing “significant pressure” on funding position
Analysts have concluded that US mobile operator Sprint Nextel faces “significant pressure” in its funding position, as it faces a ...
FT prepares staple financing for Orange Switzerland sale
France Telecom is reportedly seeking to secure a pre-arranged financing package for the sale of its Swiss unit Orange Switzerland. ...
Sawiris raises loan
Naguib Sawiris’ investment company Weather II has raised a US$600m loan from Bank of America, Citigroup, Credit Suisse and Goldman ...
Global Crossing/Level 3 deal gets regulatory approval
The Department of Justice and the FCC have given their approval to Level 3 Communication’s US$3bn acquisition of IP solutions ...
New bidders emerge for Tech Mahindra stake
Indian conglomerate Mahindra & Mahindra (M&M) considers raising its interest in Indian IT services and outsourcing business Tech Mahindra by ...
BT in talks to sell stake in Tech Mahindra to Advent – report
Private equity firm Advent International is reportedly in talks with UK incumbent BT Group to buy a stake in BT’s ...
UTC to takeover Goodrich in US$18.4bn deal
Technology and aerospace giant United Technologies Corp has reached an agreement to purchase aerospace manufacturer Goodrich Corporation for a total ...
Aster sale finalised
Liberty Global has finalised the acquisition of Polish cable operator Aster from Mid Europa Partners for PLN2.4bn (US$875m). The deal ...
FCC calls for more testing on LightSquared GPS interference issues
US telecoms regulator FCC said that it believes “additional targeting testing” is required to ensure that LightSquared’s technology does not ...
