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)

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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