Deutsche Telekom will buy One2One

Article Abstract:

Deutsche Telekom AG has reached an agreement to purchase One2One for 6.9 billion pound sterling (10.4 billion euros) in cash. Under the terms of the deal, Deutsche will assume approximately 1.5 billion pound sterling in debt. One2One is a wireless operator based in Great Britain. The move is seen as important to Deutsche as it attempts to expand outside of the competitive marketplace in Germany into regions with higher rates of growth.

Comment:

Deutsche Telekom to purchase One2One for 6.9 billion pound sterling (10.4 billion euros)

United Kingdom, Asset sales & divestitures, Foreign operations, Germany, Telecommunications, Telecommunications services industry, Telecommunications industry, Abstract, Deutsche Telekom AG, One2One

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Novartis, Aventis will talk, dealing blow to Sanofi bid

Article Abstract:

Pharmaceutical company Novartis enters merger talks with Aventis despite warnings from the French government to refrain from making an offer. The government would prefer to see an Aventis union with domestic competitor Sanofi-Synthelabo which has made a hostile takeover bid.

France, Switzerland, Pharmaceutical industry, Company acquisition/merger, Novartis AG, Aventis S.A., AVE, NVTSY, Sanofi Synthelabo

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Vodafone sets sights on next targets

Article Abstract:

Vodafone AirTouch PLC is planning to conduct several smaller acquisitions following its $181 billion purchase of Mannesmann AG. The company will make the smaller deals in Spain.

Strategy & planning, Radiotelephone communications, Spain, Planning, Vodafone AirTouch PLC

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