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By Clare Kane MADRID, June 24 (Reuters) - Big business is taking advantage of recession-hit Spain's hunger for cash, striking advertising deals for landmarks that have seen a Christopher Columbus statue dressed in a Barcelona soccer shirt and a metro station named after a telecoms company.<
24 Jun 13 12:07* Agrees 87 euro/shr deal for German cable operator * Kabel Deutschland expects to recommend offer * Two sources say Liberty unlikely to make higher bid * Vodafone shares flat, Kabel Deutschland up 1.8 pct By Kate Holton and Harro Ten Wolde LONDON/FRANKFURT, June 24
24 Jun 13 12:02After a bright start, the FTSE 100 had sunk sharply into the red by Monday lunchtime with the index having nearly erased all of the impressive gains made since the start of the year. The Footsie was trading 1.05% lower by midday at around 6,052, compared to an intraday high of 6,132 reached early o
24 Jun 13 11:38Investec has upped its recommendation for part-nationalised bank Royal Bank of Scotland from 'sell' to 'hold', saying that the stock is 'marginally oversold' after the steep sell-off over recent sessions. "Given increased political disarray, despite deep 'valuation support', we do acknowledge the p
24 Jun 13 11:02Jefferies has retained its 'hold' rating and 179p target price for telecoms titan Vodafone (VOD) after its 87 euros-a-share offer for Kabel Deutschland (KDG) on Monday morning. The offer, comprising €84.50 per share in cash plus a payment of a €2.50 dividend, implies an KDG enterprise value (EV) of
24 Jun 13 10:51* Agrees 87 euro/shr deal for German cable operator * Kabel Deutschland expects to recommend offer * Deal follows Liberty Global offer last week * Vodafone shares up 1.4 pct, Kabel Deutschland up 1.8 pct By Kate Holton and Harro Ten Wolde LONDON/FRANKFURT, June 24 (R
24 Jun 13 10:32MILAN, June 24 (Reuters) - Italian broadband company Metroweb is in talks with mobile phone operators Vodafone Italia and Wind, a unit of Russia's Vimpelcom, to extend a broadband commercial deal to other cities, two sources close to the matter told Reuters. "Metroweb has already a commerc
24 Jun 13 10:20* Combined unit would be second to Vodafone in Ireland * Sale to help Telefonica cut debt By Conor Humphries and Clare Kane DUBLIN/MADRID, June 24 (Reuters) - Indebted Spanish group Telefonica has agreed to sell its O2 Ireland mobile business for at least 780 million euros ($1 b
24 Jun 13 10:12* Combined unit would be second to Vodafone in Ireland * Sale to help Telefonica cut debt By Conor Humphries and Clare Kane DUBLIN/MADRID, June 24 (Reuters) - Indebted Spanish group Telefonica has agreed to sell its O2 Ireland mobile business for at least 780 million euros ($1 b
24 Jun 13 10:05FRANKFURT, June 24 (Reuters) - Kabel Deutschland said there was no break-up fee included in Vodafone's 7.7 billion euro ($10 billion) takeover deal announced earlier on Monday. The company said there was no break-up fee for both sides of the deal.
24 Jun 13 09:30(Refiles to reach additional subscribers) By Josie Cox LONDON, June 24 (IFR) - The cost of insuring Vodafone's debt rose on Monday, after the group confirmed that it had agreed to buy Germany's largest cable operator Kabel Deutschland for EUR7.7bn - a move that is expected to increase
24 Jun 13 08:50By Josie Cox LONDON, June 24 (IFR) - The cost of insuring Vodafone's debt rose on Monday, after the group confirmed that it had agreed to buy Germany's largest cable operator Kabel Deutschland for EUR7.7bn - a move that is expected to increase the British company's leverage. By 0815GM
24 Jun 13 08:48The FTSE 100 opened in positive territory on Monday morning, albeit only slightly, as markets made a tentative start to the new week following the dramatic sell-off seen over recent sessions. London's benchmark index closed Friday's session at just 6,116 following a number of steep declines since t
24 Jun 13 08:27DUESSELDORF, Germany, June 24 (Reuters) - Germany's antitrust regulator said it would likely be responsible for examining the proposed takeover of Kabel Deutschland by Vodafone . A Kabel Deutschland-Vodafone deal, which has not yet been filed for approval, would in theory be a matter for th
24 Jun 13 08:16* Combined unit would be second to Vodafone in Ireland * Deal subject to regulatory approval DUBLIN, June 24 (Reuters) - Indebted Spanish group Telefonica has agreed to sell its O2 Ireland mobile business for 780 million euros ($1 billion) in cash to Hutchison Whampoa's local unit 3 I
24 Jun 13 08:08
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