3 Feb 2015 16:00
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Don't have an account? Click here to register.Liberty Global to acquire Cable&Wireless in £3.5bn deal
Mon, 16th Nov 2015 19:25
(ShareCast News) - Liberty Global reached an agreement on Monday to purchase Cable&Wireless Communications in a cash and stock deal valuing the carrier at £3.5bn ($5.3bn).The transaction - which valued the London-listed carrier at 10.7 operating earnings - was set to extend the reach of his enterprise further into Latin America.In the past decade, the US company led by billionaire John Malone had spent over $50bn buying-out rivals in Europe.Over the summer Malone had created a tracking stock for Liberty Global's assets in Chile and Puerto Rico called LiLAC.In October, people familiar with the matter told Bloomberg he might spin-off the unit.As of 19:24 shares in NASDAQ-listed Liberty Global were falling 1.72% to reach $44.57.
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9 Jan 2015 06:20
15 Dec 2014 09:29
Monday broker round-up
Ashtead Group: Berenberg raises target price from 1170p to 1345p and keeps its 'buy' recommendation. Aviva: Citi increases target price from 590p to 620p and maintains a 'buy' recommendation. Bellway: Deutsche Bank ups target price from 1760p to 1778p and reiterates its 'hold' recommendation. Berk
Read more20 Nov 2014 21:44
Cable & Wireless helped Britain spy on the world -Channel 4
LONDON, Nov 20 (Reuters) - Telecommunications firm Cable & Wireless helped Britain eavesdrop on millions of Internet users worldwide, Channel 4 reported on Thursday, citing previously secret documents leaked by a fugitive former U.S. National Security Agency contractor. Cable & Wireless, wh
Read more20 Nov 2014 11:50
Cable & Wireless closer to acquiring Columbus International, downgraded to hold by Deutsche Bank
Cable & Wireless Communications (CWC) is a step closer to completing its acquisition of Columbus International Inc, a leading, privately owned fibre-based telecommunications and technology provider that operates in the Caribbean, Central America and the Andean region. CWC agreed the terms of the con
Read more18 Nov 2014 09:42
Tuesday broker round-up
Aggreko: HSBC raises target price from 1550p to 1650p and maintains a neutral rating. Al Noor Hospitals: Citi initiates with a target price of 1240p and a buy recommendation. Barclays: Credit Suisse ups target price from 230p to 250p and keeps a neutral rating. Bodycote: JP Morgan cuts target pric
Read more14 Nov 2014 10:06
14 Nov 2014 06:16
13 Nov 2014 16:49
Flush from Columbus win, C&W says set to take battle to Caribbean rival
By Kate Holton and Paul Sandle LONDON, Nov 13 (Reuters) - Cable & Wireless Communications Plc believes its expensive victory in the battle to buy broadband and TV provider Columbus will give it the heft it needs to take on fierce rival Digicel in the Caribbean. C&W, which has sold ope
Read more13 Nov 2014 16:30
11 Nov 2014 11:37
11 Nov 2014 10:20