France Telecom will sell its stake in Yellow Pages to KKR, Goldman

Article Abstract:

France Telecom S.A. is to sell a 54 percent stake in subsidiary PagesJaunes Groupe S.A. also of France for 3.4 billion Euros ($4.3 billion). The stake is being sold to a private equity group fronted by Kohlberg Kravis Roberts & Co. of the United States and Goldman Sachs Group Inc. also of the United States. The deal is unusual because it is valued at billions of dollars but the buyer will not have complete control of the company.

United States, Investment Banking and Securities Dealing, Investment Banking, France, Communications, Broadcasting and Telecommunications, Telephone Communication, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Security brokers and dealers, Telecommunications services industry, Telecommunications industry, Investment banks, Communications industry, France Telecom S.A., FTE, The Goldman Sachs Group Inc., Kohlberg Kravis Roberts & Co.

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Japan returns to global stage as an acquirer

Article Abstract:

Japan Tobacco Inc. has a bid offer for Gallaher Group PLC of the United Kingdom for 7.5 billion Pounds ($14.8 billion). The acquisition would be Japan's first foreign acquisition and illuistrates the growth in the economy.

Japan, Forecasts, trends, outlooks, TOBACCO PRODUCTS, Tobacco farms, United Kingdom, Economic aspects, Forecasts and trends, Acquisitions and mergers, Market trend/market analysis, Tobacco industry, Gallaher Group PLC, Japan Tobacco Inc., Financial report

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