MIDEAST STOCKS - Factors to watch - Sept 25
Sept 25 Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.
June 7 SoftBank Corp is in talks with Deutsche Telekom AG over a possible deal for T-Mobile US Inc, as the Japanese company looks for alternatives to enter the U.S. wireless market if its $20.1 billion deal with Sprint Nextel Corp falls apart, according to three sources familiar with the situation on Friday.
SoftBank and Deutsche Telekom were in talks last year about a deal for T-Mobile USA and have had periodic discussions since then, but those conversations have intensified in recent weeks after Dish Network Corp made a $25.5 billion counterbid for Sprint, two of the sources said.
Deutsche Telekom owns 74 percent of T-Mobile US, and one possibility is for SoftBank to buy that stake if the Sprint deal doesn't happen, the sources said.
SoftBank and Sprint declined to comment. T-Mobile did not have immediate comment. Deutsche Telekom did not immediately respond to a request for comment. (Reporting By Paritosh Bansal and Soyoung Kim in New York; Editing by Bernard Orr)
MEXICO CITY, Sept 24 A fire broke out on an oil tanker of Mexican state oil company Pemex in the Gulf of Mexico on Saturday, forcing all the crew to be evacuated in the latest accident to plague the struggling firm.
TORONTO, Sept 24 Canada's Unifor union has set a tentative strike deadline of midnight Oct. 10 for talks with Fiat Chrysler Automobiles NV, the labor group said on Saturday as it prepares to vote on a related deal with General Motors Co.