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Stock Market & Financial Investment News

News Breaks
March 18, 2014
06:44 EDTVOD, TI, VIPVodafone deals in Germany, Spain leave Italy waiting fix, Bloomberg says
Vodafone's (VOD) $25B of cable acquisitions in Germany and Spain leaves Italy as another European market which some analysts say could use more competitive landline offerings, reported Bloomberg. Italy's major internet providers include Telecom Italia (TI) and VimpelCom (VIP). Reference Link
News For VOD;TI;VIP From The Last 14 Days
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October 1, 2014
11:18 EDTTITelecom Italia says had no contact with Sol Trujillo, Reuters says
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07:20 EDTVIPDeutsche Bank to hold a conference
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September 26, 2014
12:29 EDTTITelecom Italia not up for sale, but welcomes cash infusions, Reuters says
Telecom Italia is not up for sale, but the company is open to cash infusions, Reuters reports, citing a board member Tarak Ben Ammar. When questioned about reports U.S. businessman Sol Trujullo is seeking to bid for a stake in Telecom Italia, Ammar said, "We don't know him and he never contacted us." Reference Link
08:01 EDTTITelecom Italia says will consider proposal for extension received from Fintech
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September 25, 2014
06:39 EDTTIEx-Telstra CEO aiming for $9.6B offer for Telecom Italia share, Bloomberg says
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September 23, 2014
12:19 EDTVODAT&T, Vodafone 'laying groundwork' for deal, BSN reports
Vodafone (VOD) and AT&T (T) are "laying the groundwork" for a possible acquisition, merger or partnership deal, according to Bright Side of News, citing sources close to both companies. Shares of Vodafone have moved out of negative territory and are up 0.5% following the report. Reference Link
September 19, 2014
12:37 EDTVODVodafone buys 140 Phones4u stores, hires former employees, TheNextWeb says
Vodafone has bought 140 stores left behind by UK mobile phone retailer Phones4u and expects to hire 900 former Phones4U employees, reports TheNextWeb. The company said in a statement, that it will start engaging with these employees and begin rebranding the stores as soon as possible. Reference Link
06:17 EDTTITelefonica acquires Brazil's GVT from Vivendi
Spanish telecom company Telefonica (TEF) agreed to buy Brazilian telecom unit Global Village Telecom, or GVT, from Vivendi (VIVHY) for EUR4.66B in cash as well as a payment in shares representing 12.0% of the share capital of Telefonica Brasil, after its integration with GVT. As part of the agreement, Vivendi has accepted Telefonica’s offer to acquire 1.1B ordinary shares held by Telefonica in Telecom Italia (TI), currently representing 8.3% of Telecom Italia’s voting share capital (corresponding to 5.7% of its total share capital), in exchange of 4.5% of Vivendi’s capital in the company resulting from the integration between Telefonica Brasil and GVT.

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