Nokia explores strategic options: Bloomberg News
There is no truth to the report, a source close to the company said, while Nokia declined to comment. (bloom.bg/3a1uMAW)
Mergers / Acquisitions / Takeovers
Exclusive: Jet buyers back Boeing-Embraer deal as Airbus expands reach
Airbus (AIR.PA), Europe’s biggest planemaker, on Thursday increased its controlling stake in the A220 regional jet program – Embraer’s main rival – as Canada’s Bombardier (BBDb.TO) sold out of the project it had set up.
Google protests ‘eye-catching’ $2.6 billion EU fine, judge disagrees
The Alphabet unit argued that additional amounts tacked on to the fine imposed by the European Commission in 2017 to deter anti-competitive behavior known as a deterrent multiplier and another multiplier factor was excessive and unwarranted.
Univision in talks with investor group for possible sale: source
The deal could value the broadcaster between $8 billion and $10 billion, the source said, adding there was no certainty that a deal would be reached.
Bouygues, Free, Orange and SFR apply for French 5G telecoms spectrum
FILE PHOTO: A logo of the upcoming mobile standard 5G is pictured in Hanover, Germany March 31, 2019. REUTERS/Fabian Bimmer/File Photo
L Brands sells majority stake in Victoria’s Secret, CEO Wexner to step down
Chief Executive Leslie Wexner, who bought Victoria’s Secret in 1982 and shaped its image by hiring supermodels to wear jewel encrusted bras and wings at its annual fashion shows, will step down and hand over to Bath & Body Works executive Andrew Meslow.
Exclusive: France’s Engie eyes U.S. energy services firm Ameresco – sources
The approach will test the appetite of Ameresco’s 72-year-old chairman and chief executive, George Sakellaris, to cash out. Sakellaris founded the Framingham, Massachusetts-based company in 2000 and remains its controlling shareholder.
T-Mobile owner sets sights on becoming U.S. number one
“We have the chance to become No.1 in the United States, to overtake AT&T and Verizon. That is our ambition,” Hoettges told reporters in Bonn after Deutsche Telekom reported record annual results in its 25th year as a listed company.
Qatar Airways spends $600 million to lift stake in BA owner to 25%
In an endorsement of the Anglo-Spanish group just weeks before its founder Willie Walsh steps down, Qatar said on Wednesday the move showed its support for IAG and its strategy.
Exclusive: Vodafone, Telecom Italia offer rivals access to some sites to ease EU concerns – EU paper
The companies announced the deal in July last year which will see Vodafone transfer its Italian mobile masts to INWIT (INWT.MI), TIM’s 60%-owned subsidiary.
Nokia to acquire optical networking tech firm Elenion
The value of the acquisition was not released.
Merged T-Mobile U.S. to close valuation gap on Big Two: Deutsche Telekom CEO
Highlighting the positive market reaction after a New York judge last week dismissed a lawsuit brought by more than a dozen U.S. states trying to block the deal, CEO Tim Hoettges said the ‘new’ T-Mobile would have a market value of around $120 billion.