New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 25, 2014
18:25 EDTAMOVAmerica Movil forms committee to evaluate options in Mexico, Bloomberg says
Mobile-phone company America Movil has created a committee to study strategic options in the wake of regulatory changes in Mexico, according to Bloomberg. Reference Link
News For AMOV From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 10, 2014
15:19 EDTAMOVTelefonica, Oi, Claro to offer $15B for Tim Participacoes, Bloomberg says
Telefonica (TEF), Oi SA (OIBR), and America Movil (AMX, AMOV) owned Claro plan to team up on a takeover bid for Tim Participacoes (TSU) that would value it at about $15B, said Bloomberg, citing people with knowledge of the matter. Telecom Italia (TI), which owns 67% of Brazilís Tim Participacoes, believes Tim should be valued at about $25B or more, including debt, according to a person familiar with the matter, the report noted. Shares of Tim trading in New York are up about 6.6% to $23.69 in afternoon trading after rising as high as $26.54 immediately following the headlines from Bloomberg's report. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use