Prisa charges ahead with media IPO despite uncertainty. (Spain's Grupo Prisa S.A., initial public offering)

Article Abstract:

Spain's media giant Grupo Prisa S.A., has launched an initial public offering. Grupo Prisa, has holdings in publishing, telecommunications and information technology, but has yet to unveil its plans for the Interrnet.

On-Line Information Services, Financial management, Videotex & Teletext, Telegraph & other communications, Spain, PRINTING AND PUBLISHING, Publishing, Publishing Industries, Securities issued, listed, Publishing industry, Planning, Internet, Online services, Internet services, Securities, Grupo Prisa S.A.

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Ameritech to buy 20% of Bell Canada

Article Abstract:

Ameritech Corp. is planning to acquire a 20% share of Bell Canada. Bell Canada is a unit of BCE Inc. The acquisition price will be approximately C$5.1 billion (US$3.38 billion). The deal would be part of a strategic partnership between Ameritech and BCE, which will own approximately 42% of merged entity. BCE stated that it proceeds raised from the deal would be used primarily to invest in high-growth sectors.

Comment:

Ameritech to acquire 20% share of Bell Canada from BCE

United States, Canada, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Telecommunications, Wired Telecommunications Carriers, Telephone Communication, Telephone Communications, Telephone communications, exc. radio, Mergers, acquisitions and divestments, Finance, Telephone services, Abstract, Communications industry, BCE Inc., Bell Canada, AIT, Ameritech Corp.

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