Italian job yields $125 million fees jackpot

Article Abstract:

The management of Telecom Italia S.p.A. (TI) may decide to undertake a merger with Telecom Italia Mobile in order to prevent Ing C. Olivetti e Compagnia S.p.A. taking over the company. Telecom Italia is a much larger company, with market capitalization of $53.1 billion, compared to Olivetti, which has a market capitalization of 1.34 billion. Olivetti have made a hostile bid of 53 billion euros for TI. Both sides have employed an array of investment banks and advisers to help them manage the bid. It is estimated fees charged by advisers will reach a total value of $125 million.

Information services, Telecom Italia S.p.A., Information services industry, Olivetti S.p.A.

---

Coup in a cold climate

Article Abstract:

Issues concerning the sale of the 75% stake that the German and Swiss information technology company Distefora held in the German web-site management firm ISION to the UK telecoms company Energis is reported. Financial and legal details of the buyout are discussed.

Electronic computers, Computers, Electronic Computer Manufacturing, Information technology, Energis PLC

---

Orange blossoms for bride Ananova

Article Abstract:

A presentation of recent mid-market acquisitions in the UK technology industry reveal that despite lower interest in internet acquisitions many are still being concluded as relevant companies mature.

Management, Acquisitions and mergers

Similar abstracts:

• Abstracts: Salisbury threatened by expulsion as hearing aims to end ARB battle. Carey Jones pays up after aggrieved designer talks to AJ
• Abstracts: Italy weighs limiting clout of News Corp. Women in Italy like to clean but shun the quick and easy. How the old guard tightened its grip on the new Italy
• Abstracts: Enel to pay $1.52 billion for stake in Russian firm. EnBW could postpone offer for 25% of shares. Italy plans a second offering of Enel shares by year end
• Abstracts: Planning for Profits built step by step. Slow but sure growth
• Abstracts: Molson reiterates hockey support. Molson short list raises eyebrows. Labatt, Molson shift media millions

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.