Losing Jasztel may mar Matav's position

Article Abstract:

Magyar Tavkozlesi Vallalat Rt.'s (Matav) failure to acquire rival Jasztel Rt. could have long-term implications to its market position, analysts said. Because of the ruling, Matav, which is majority owned by a consortium of Germany's Deutsche Telekom and US-based Ameritech, could stand to lose its other potential takeover targets, such as the assets of Hungarian Telephone & Cable Corp. (HTCC). According to Laszlo Makay, equities analysts at Budapest, Hungary-based Bankar Securities, state authorities could rule again to reject another deal that Matav plans. Matav's aggressive plan to expand its market reach will also be delayed as a result of its failure to get regulatory approval for its purchase of Jasztel.

Comment:

Failure to acquire rival Jasztel Rt could have long-term implications to its market position, analysts said

Wired Telecommunications Carriers, Telephone Communications, Hungary, Public affairs, Telephone services, Magyar Tavkozlesi Vallalat, Article

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EU expansion allows migrants to fill U.K. hospitality jobs

Article Abstract:

The hospitality and tourism industry in the United Kingdom has received a boost from migrant labor from Eastern Europe. The laborers are filling a labor market void and preventing wage inflation. A wait position in Poland where there is 18.9 percent unemployment, pays 180 Pounds per month, the same position in the Czech Republic where unemployment is 8.8 percent, pays 210 Pounds per month, whereas in the United Kingdom the same position would pay 800 Pounds per month.

Eastern Europe, HOTELS AND OTHER LODGING PLACES, Eating and Drinking Places, Industry Overview, Economic aspects, Hospitality industry, Labor market, Industry forecasts, Labour market

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Retail sector is likely to remain a catalyst for mergers in U.K

Article Abstract:

Mergers and acquisitions in the retail industry are expected to be central to overall merger and acquisition activity in the United Kingdom through 2005. The spate of retail consolidations that first began in 2001, served to shelter the U.K. from the slump in deal making that Europe was experiencing during the same period.

Acquisitions & mergers, Retail Trade, Analysis, Mergers, acquisitions and divestments, Retail industry, Forecasts and trends, Company acquisition/merger, Acquisitions and mergers, Market trend/market analysis

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