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EU regulators to okay $6.4 bln Dixons, Carphone merger - sources

Tue, 17th Jun 2014 12:57

BRUSSELS, June 17 (Reuters) - EU antitrust regulators willclear the 3.8-billion-pound ($6.38 billion) merger of Britishmobile phone retailer Carphone Warehouse and electricalchain Dixons Retail without conditions, two peoplefamiliar with the matter said on Tuesday.

Carphone, Europe's biggest independent mobile phoneretailer, and Dixons, Europe's second largest electricalretailer, unveiled their proposed tie-up last month, seeking tocapitalise on the growing convergence of smartphones andconsumer electronics.

"The deal will be cleared unconditionally," said one of thepeople. (Reporting by Foo Yun Chee; Editing by Adrian Croft)

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15 May 2014 05:30

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14 May 2014 16:14

MARKET COMMENT: UK Stocks Close Mixed, While Sterling Falls Sharply

LONDON (Alliance News) - UK stocks closed mixed Wednesday, with a late rally in the FTSE 100 edging the index closer towards its all-time high, having spent the vast majority of the day trading within tight ranges. Meanwhile, the pound plummeted as investors digested some UK unemployment an

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14 May 2014 15:15

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13 May 2014 15:30

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13 May 2014 05:11

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12 May 2014 15:16

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12 May 2014 07:07

Monday newspaper round-up: Ukraine, House price rises, Interest rates

Pro-Russian separatists in eastern Ukraine declared victory in a secession referendum Sunday, ratcheting up tensions between the West and Moscow, which by recognizing the results could push the country toward a breakup. Ukraine called the vote illegal and riddled with irregularities, and part of a w

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12 May 2014 05:10

UK Earnings, Trading Statements Calendar - Week Ahead

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11 May 2014 11:23

Sunday newspaper round-up: AstraZeneca, BSkyB, interest rates

Pfizer has been advised by a top US law firm that its assurances over the proposed £63bn takeover of AstraZeneca are legally binding, the Sunday Times reported. Chief Executive Ian Read hopes the opinion from Skadden Arps will help cool the political argument over his intended deal. He will be quest

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9 May 2014 15:13

UK Earnings, Trading Statements Calendar - Week Ahead

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9 May 2014 05:26

UK Earnings, Trading Statements Calendar - Week Ahead

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8 May 2014 15:37

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7 May 2014 10:55

Media-Saturn founder demands say in finding new CEO

* Media-Saturn founder has candidate for interim CEO * CEO quit on Tuesday over lack of support * Power struggle between owners of company * Chain battling online competition DUESSELDORF, Germany, May 7 (Reuters) - The founder of Europe's top electronics chain Media-Saturn

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7 May 2014 06:52

Wednesday newspaper round-up: AstraZeneca, Britain, Carphone Warehouse

Vince Cable said he would not "rule out intervention" in Pfizer's 63bn pound bid for Astra Zeneca as he warned that the "future of the UK is a knowledge economy not a tax haven". The Business Secretary told the House of Commons that just as both AstraZeneca and Pfizer were "motivated by hard-headed

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2 May 2014 09:14

UK BROKER RATINGS: Bernstein Raises AstraZeneca Target To Pfizer Bid

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:
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FTSE 100
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BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3775 (3570) PENCE - 'HOLD'
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BERNSTEIN RAISES ASTRAZENECA PRICE

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