BRIEF-Telenor to buy Globul from OTE for EUR 717 mln

OSLO, April 26 Fri Apr 26, 2013 12:40pm EDT

OSLO, April 26 (Reuters) - Telenor ASA has agreed to buy Bulgaria's Globul from current owner OTE for 717 million euros on a cash and debt free basis, the Norwegian telecoms firm said in a statement on Friday. (Reporting by Oslo newsroom)

Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.