Technology, Media & Telecommunications Headlines

Fri, Feb 5 2016

Deals of the day- Mergers and acquisitions

Feb 5 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:

As junk bonds wilt, new Charter deal shines

NEW YORK, Feb 5 (IFR) - Charter Communications gave the sputtering US junk-bond market a welcome boost this week by selling a US$1.7bn issue that was mostly driven by reverse enquiry from investors.

Junk bond market faces Triple C test

NEW YORK, Feb 5 (IFR) - Leveraged finance bankers are chipping away at an up-to-US$30bn pipeline of high-yield bond sales at the fastest pace so far this year, but lower-rated credits remain a tough sell.

CORRECTED-Hong Kong's VTech agrees to buy LeapFrog for $72 mln

Feb 5 Hong Kong-based VTech Holdings Ltd said it would buy U.S. toymaker LeapFrog Inc for about $72 million.

TRLPC: Dell's US$10bn loans test market

NEW YORK, Feb 5 The first US$10bn chunk of pro-rata loans in a US$45bn financing package backing computer giant Dell's purchase of data storage products maker EMC Corp is testing banks' appetite for funded US dollar assets before tapping the institutional loan and high-yield bond markets.

UPDATE 2-Premier Farnell to sell Akron Brass unit to IDEX for $224.2 mln

Feb 5 Engineering supply group Premier Farnell Plc said it would sell its industrial products unit Akron Brass to U.S.-based IDEX Corp for $224.2 million in cash, sending its shares up as much as 10 percent.

Premier Farnell to sell Akron Brass unit to IDEX for $224.2 mln

Feb 5 Engineering supply group Premier Farnell Plc said it would sell its industrial products division Akron Brass to U.S. -based IDEX Corp for $224.2 million in cash.

BRIEF-Premier Farnell to sell Akron Brass unit for $224 mln

* disposal of akron brass for us$224.2 million to create a more focused business

Technology, Stocks, M&A, Markets 05 Feb 2016

BRIEF-Diebold launches takeover offer for Wincor Nixdorf

* Diebold says commences takeover offer for wincor nixdorf shares

M&A, Markets, Stocks, Technology 05 Feb 2016

Thu, Feb 4 2016

Canada's Competition Bureau clears Shaw's acquisition of Wind Mobile

TORONTO, Feb 4 A Canadian competition watchdog said on Thursday it will not challenge Shaw Communications Inc's C$1.6 billion ($1.16 billion) bid for Wind Mobile, the country's fourth-largest wireless provider.