Telefonica agrees to sell its 75% stake in Endemol

Article Abstract:

A consortium led by investment firm Cyrte Fund will purchase Telefonica S.A.'s 75 % stake in television production company Endemol N.V. for $ 3.56 bil. The buyer consortium also includes Italian broadcasting company Mediaset S.p.A. and the private equity division of Goldman Sachs Group Inc.

Investment Banking and Securities Dealing, Television Broadcasting, Investment Banking, Television broadcasting stations, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Security brokers and dealers, AMUSEMENT & RECREATION SERVICES, United States, Netherlands, Television broadcasting industry, Investment banks, Entertainment industry, The Goldman Sachs Group Inc., Endemol Entertainment N.V., Mediaset

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Telefonica to pay $4.2 billion for full control of its mobile unit

Article Abstract:

Telefonica S.A. of Spain plans to buyout the 7.5 percent stake it doesn't already own in TelefonicaMoviles S.A. for 3.5 billion Euros ($4.2 billion). Telefonica S.A. is the largest telecommunications operator in Spain and Latin America.

Spain, Company overview

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Telecom Italia deal still on hold: Telefonica awaiting regulators' approval in Brazil, Argentina

Article Abstract:

A consortium led by Spain's Telefonica S.A. is still awaiting approval by Brazilian and Argentinean regulators regarding its agreement to buy a controlling stake in Telecom Italia S.p.A. The $5.78 bil bid was offered back in May 2007.

Strategy & planning, Argentina, Brazil, Planning, Telecom Italia S.p.A., Company business planning, TI

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