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A mild response for SingTel

Article Abstract:

Singapore Telecommunications Ltd. released bid information in its attempt to merge with Australia's Cable and Wireless Optus Ltd., a target worth almost $7.42 billion. Majority owner of Optus, United Kingdom's Cable and Wireless PLC, assured acceptance of the merger terms, even as Optus directors gave it a lukewarm response. Of the three options presented to Optus shareholders, only one approached fair according to independent merger evaluator Grant Samuel and Associates.

Author: Morgan, Graham
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
United Kingdom, Telecommunications, Telephone Communication, Services, Cable & Wireless PLC, Grant Samuel and Associates

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E-Commerce firms to unite

Article Abstract:

SESAMi.com Pte. Ltd., a part of Singapore Telecommunications Ltd., is planning to merge with Asia2B.com, an online commerce consortium from Hong Kong. Some speculators say that both companies may be doing this in a move to compete with Li Ka-shing, a prominent businessman in Hong Kong.

Author: Manuel, Gren
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
Hong Kong, Data Processing Services, Specialized Computer Services, Data processing and preparation, Management, Computer services industry, Information technology services industry, Information technology services, Li Ka-shing, SESAMi.Com Private Ltd., Asia 2B.com

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SingTel releases its formal offer for Optus deal

Article Abstract:

Singapore Telecommunications Ltd. (SingTel) has released its formal offer to acquire Cable and Wireless Optus Ltd. The merged entity will have $29.2 billion Singapore dollars (18.37 billion euros) in assets.

Author: Morgan, Graham
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
Foreign operations, Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Telecommunications equipment industry, Telecommunications systems

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Subjects list: Australia, Mergers, acquisitions and divestments, Telecommunications services industry, Telecommunications industry, Telephone services, Singapore, Singapore Telecommunications Ltd., Cable & Wireless Optus Ltd.
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