by 21st Century Competition | Jul 22, 2014 | Global Blogs
Oi was dealt a blow only weeks ago when it says its acquisition target Portugal Telecom failed to disclose debts to Oi before the transaction finalized, Now, some reports say that Oi’s ability to compete at an upcoming 4G spectrum auction will likely be hurt by...
by 21st Century Competition | Jul 22, 2014 | Global Blogs
CIT Group announced Monday that it has reached an agreement to acquire Southern California bank OneWest Bank, a takeover worth $3.4 billion. Reports say CIT Group will acquire the regional bank system for $2 billion in cash and the rest in stock. The acquisition will...
by 21st Century Competition | Jul 22, 2014 | Global Blogs
New Zealand’s energy watchdog is looking for ways to give smaller companies a competitive edge against the largest electricity firms with new rule changes, say reports. The Electricity Authority has drafted new rules that would place restrictions on major...
by 21st Century Competition | Jul 22, 2014 | Global Blogs
Just days after Sprint and T-Mobile were reported to be planning a joint bid during next year’s spectrum auction in support of their expected merger, America Movil is now said to be planning a possible bid to acquire T-Mobile, a move that could set off a bidding...
by 21st Century Competition | Jul 22, 2014 | Global Blogs
The takeover of a bailed-out bank in Spain is a sign of confidence in the recover of the nation’s economy, the acquirer said. Banco Bilbao Vizcaya Argentina announced Tuesday that it will acquire Catalunya Banc in a $1.62 billion deal. During the announcement,...
by 21st Century Competition | Jul 22, 2014 | Global Blogs
After the Competition and Markets Authority held up its predecessor’s ruling against Eurotunnel, requiring the ferry servicer to divest assets and break up its operations on a certain route, Eurotunnel has vowed to appeal, though warns that the appeal will not...
