/cloudfront-us-east-2.images.arcpublishing.com/reuters/6RK5Q24RI5MLZPUT4NQX3ZFQQI.jpg "Italy’s TIM leaning towards KKR for talks over grid sale, sources say")
TIM’s board meet for initial review of bids Expected to select KKR for talks on Thursday TIM needs to review terms of deal ROME, June 19 (Reuters) – Telecom Italia (TIM) (TLIT.MI) is leaning towards entering talks with KKR (KKR.N) over the sale of its prized landline grid, two sources said, as the U.S. fund’s … [Read more…]
A popular bar in the heart of Johnson City that’s been closed for awhile is planning to resume operations soon. Giblin’s Irish Pub at 256 Main Street closed several weeks ago for renovations in preparation for a possible sale. Owner Billy Giblin said the sale didn’t go through but he decided to reopen the establishment … [Read more…]
ROME, June 15 (Reuters) – Telecom Italia’s (TLIT.MI) (TIM) plan to sell its prized landline grid asset to reduce debt “should and can go well”, CEO Pietro Labriola said on Thursday, as sources said bids have not met top shareholder Vivendi’s (VIV.PA) expectations. U.S. fund KKR (KKR.N) and a rival consortium comprising state lender CDP … [Read more…]
/cloudfront-us-east-2.images.arcpublishing.com/reuters/UUIL3KGYJZJW7KG22VT5V4SOIA.jpg "Lloyds to launch nearly 0 mln Telegraph sale – Sky News")
June 6 (Reuters) – Lloyds Banking Group (LLOY.L) is set to launch a 600 million pound ($745.4 million) auction of the Telegraph newspapers and the Spectator magazine within days, amid a row with the brands’ owners, Sky News reported on Tuesday. The group intends to pursue this course as early as Wednesday and could remove … [Read more…]
NEW YORK, May 24 (Reuters) – Avid Technology Inc (AVID.O), a provider of video and audio editing software and equipment to filmmakers and recording studios, is exploring a potential sale, according to people familiar with the matter. The Burlington, Massachusetts-based company, which has a market value of more than $900 million, is working with Goldman … [Read more…]
May 15 (Reuters) – Vice Media Group, the company popularly known for its websites such as Vice and Motherboard, said on Monday it had filed for Chapter 11 protection to facilitate its sale. The company said in a court filing that it listed both assets and liabilities in the range of $500 million to $1 … [Read more…]