Abstracts - faqs.org

Abstracts

Retail industry

Search abstracts:
Abstracts » Retail industry

UK: T-ONLINE SPECULATION DRIVES FREESERVE SHARES

Article Abstract:

Speculation that T-Online, the Internet business controlled by Deutsche Telekom, is planning to make an offer for Freeserve, pushed shares in the UK-based Internet service provider up by 10%. However, some analysts are undecided whether T-Online will make such a move, considering Freeserve's market capitalisation of GB[pound] 4.1bn is less than half its early March peak. Deutsche Telekom, which holds an 80% stake in T-Online, is believed to be examining ways to enter the US market, as well as building the company's presence in Europe.

Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
Deutsche Telekom AG

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


UK: T-ONLINE MAY BE SOLE FREESERVE BIDDER

Article Abstract:

T-Online, the German Internet group, may be the only bidder for Internet service provider Freeserve. Cable group NTL has withdrawn after weakness in Internet stocks and Terra Networks is busy acquiring Lycos. Dixons, who holds 80% of Freeserve stock, may no longer be able to conduct an auction of its subsidiary. Dixons bargaining position may be weakened by its insistence on a high of cash for the sale. T-Online has raised EUR 3bn in cash but wants to retain funds for future expansion.

Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
Acquisitions & mergers, Germany

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Wanadoo in 1.65bn pounds sterling bid for struggling Net rival Freeserve

Article Abstract:

Internet service provider Freeserve is valued at 1.65 billion pounds sterling in its all-share merger with French competitor Wanadoo. The combined venture will have more than 4 million active users.

Author: Cope, Nigel
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
Wanadoo

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: United Kingdom, Mergers, acquisitions and divestments, Internet service providers, Freeserve PLC, T-Online
Similar abstracts:
  • Abstracts: Renault set to take 2.6bn pounds sterling stake in troubled Nissan. US/GERMANY: FORD CONSIDERS BMW BID
  • Abstracts: Mannesmann moves on Orange in bid to forge European network. UK: ORANGE BIDDERS WILL INCLUDE TELEFONICA
  • Abstracts: City forecasts grim reading as M&S lifts the lid on its Christmas trading figures. UK: EASTER SEEN AS VITAL FOR RETAILERS
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2023 Advameg, Inc.