Virgin Media weighs a takeover approach

Article Abstract:

UK cable operator Virgin Media Inc. has announced it has received a takeover offer and will begin a strategic review of it. Although the bidder was not named, it is believed that US investment firm Carlyle Group L.P. made the approach. The buyout package including debt could be worth approximately $20 bil.

Strategy & planning, Investment Banking, Communications, Broadcasting and Telecommunications, Telephone Communication, Security brokers and dealers, Planning, Telecommunications services industry, Telecommunications industry, Investment banks, Communications industry, Carlyle Group L.P., Company business planning, Virgin Media Group Ltd.

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Barclays seeks a majority stake in ABSA Group of South Africa

Article Abstract:

U.K. banking group Barclays PLC is in discussions to acquire a majority of South Africa's ABSA Group Ltd. The UK banking group added that talks were still in a preliminary stage and may not lead to anything substantial.

United Kingdom, South Africa, Banking industry, Barclays PLC, Absa Group Ltd.

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Fund managers profit as advisers to institutions

Article Abstract:

Fund managers are thriving in providing consulting on investments for institutions. Managers are providing advice on private equity, hedge funds, property, and deriviates.

United States, Portfolio Management, Services information, Portfolio & Funds Management, Services, Investments, Consulting services

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