SK Telecom tops Macquarie as bidder for Hanarotelecom
Article Abstract:
SK Telecom Co., South Korea's biggest mobile operator by revenue and subscribers, has been identified as the preferred bidder to gain a controlling stake in Hanaro Telecom Inc., a broadband service provider. SK Telecom's bid price for the 38.9% stake was not disclosed, but speculation in the media place the deal at $1.24 bil, or $13.60 per share. Australian private equity firm Macquarie Group Ltd. is SK Telecom's rival for Hanaro.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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France Telecom wins auction of Kenya stake
Article Abstract:
A consortium headed by France Telecom S.A. has won a 51% stake in telecommunications firm Telkom Kenya Ltd. at auction. The consortium's bid totaled $390 mil. Telkom Kenya has a fixed-line customer base of more than 280,000.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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