Technology, Media & Telecommunications Headlines

Fri, Oct 24 2014

HP seeking buyers for corporate-networking business in China - WSJ

Oct 24 - Hewlett-Packard Co has begun sounding out private-equity firms in China to buy its corporate-networking business in the country, the Wall Street Journal reported, citing people familiar with the situation.

Deals of the day-Mergers and acquisitions

Oct 24 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:

Well-timed bullish option bets seen in Digital River weeks before deal

NEW YORK, Oct 24 - Well-timed bullish options bets on Digital River Inc were placed about two weeks before the e-commerce services company said on Friday it would be taken private.

PE groups Apax, Bain consider bid for Portugal Telecom - FT

Oct 24 - Private equity groups including Apax Partners LLP and Bain Capital are planning to bid for Portugal Telecom from Brazilian telecommunications company Groupo Oi SA, the Financial Times reported.

UPDATE 1-America Movil hopes to complete spin-off, assets sale in 2015 - CEO

MEXICO CITY, Oct 24 - Mexican telecoms company America Movil hopes to complete a planned asset sale and a spin-off of its cellular towers in Mexico in 2015, Chief Executive Daniel Hajj said on Friday.

America Movil hopes to complete tower spin-off in early 2015

MEXICO CITY, Oct 24 - America Movil hopes to complete a planned spin-off of its telecoms towers in Mexico by the end of the first quarter or the beginning of the second quarter of 2015, an executive said on a conference call on Friday. (Reporting by Christine Murray)

GIC buys 5 pct stake in US-listed healthcare tech firm IMS

SINGAPORE, Oct 24 - Singapore sovereign wealth fund GIC has bought a 5 percent stake in IMS Health Holdings, a U.S.-listed technology firm servicing the healthcare sector, for an undisclosed amount, according to a regulatory filing.

RPT-Market Chatter- Corporate finance press digest - Oct 24

Oct 24 - The following corporate finance-related stories were reported by media:

China Telecom, Unicom to build content delivery firm - Chinese paper

Oct 24 - China Telecom Corp Ltd and China Unicom Hong Kong Ltd could soon jointly invest in a new content delivery network (CDN) company that would speed up Chinese users' Internet access, a Chinese paper reported on Friday.

Thu, Oct 23 2014

Market Chatter- Corporate finance press digest - Oct 24

Oct 24 - The following corporate finance-related stories were reported by media:

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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.