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Bouygues, SFR open to offers for Virgin Mobile -report

Tue, 06th May 2014 06:38

PARIS, May 6 (Reuters) - Bouygues Telecom andVivendi's SFR unit are both ready to make offers forFrench virtual mobile network operator Virgin Mobile, Les Echosnewspaper reported on Tuesday.

Virgin Mobile is 46 percent owned by Carphone Warehouse, Europe's biggest independent mobile phone retailer, 46percent by Virgin Group and 8 percent by management. It is worthup to 300 million euros ($416 million), the newspaper said.

Carphone Warehouse, which is currently in merger talks withDixons Retail, said last month that quarterly revenueat its Virgin Mobile France joint venture fell 8.6 percent.

Bouygues declined to comment. SFR was not immediatelyavailable for comment. ($1 = 0.7205 Euros) (Reporting by Pascale Denis; editing by Jason Neely)

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29 Apr 2014 07:54

UPDATE 1-Carphone silent on Dixons talks as sales rise

(Adds detail, background, CEO comment) LONDON, April 29 (Reuters) - Carphone Warehouse, Europe's biggest independent mobile phone retailer currently in merger talks with Dixons Retail, reiterated full-year earnings guidance and posted a rise in fourth quarter revenue at its main CPW busines

29 Apr 2014 07:33

UK MORNING BRIEFING: St James's Place Reports Strong Net Inflows

LONDON (Alliance News) - Shares have opened higher Tuesday following positive leads from US and Asian markets and amid a slew of FTSE 100 and FTSE 250 company trading updates.

St. James's Place has reported a surge in funds under management in the first quarter and

29 Apr 2014 06:33

MARKET COMMENT: UK Stocks Called Higher Ahead Of UK GDP Data

LONDON (Alliance News) - UK stocks are set to open slightly higher Tuesday, adding to the modest gains posted on Monday, as investors await the latest reading of UK gross domestic product. The FTSE 100 closed modestly higher on Monday after it received a boost from pharmaceutical companies,

29 Apr 2014 06:02

Carphone silent on Dixons talks as sales rise

LONDON, April 29 (Reuters) - Carphone Warehouse, Europe's biggest independent mobile phone retailer currently in merger talks with Dixons Retail, reiterated full-year earnings guidance and posted a rise in fourth quarter revenue at its main CPW business. The firm's trading update on Tuesday

28 Apr 2014 16:31

MARKET COMMENT: FTSE 100 Closes Higher As AstraZeneca Soars

LONDON (Alliance News) - The UK's blue-chip index closed modestly higher Monday, outperforming its smaller peers, after its sixth-largest constituent by market capitalisation, AstraZeneca, rose sharply after US drugs giant Pfizer Inc confirmed that it has now twice approached

24 Mar 2014 18:24

UPDATE 1-UK retailers Dixons and Carphone get extension to merger talks

* UK Takeover Panel gives Dixons, Carphone until May 19 * Sky News report says Phones4u could enter fray * Source says Dixons not in tie-up talks with Phones4u (Adds detail of report of possible Phones4u interest, shares) By James Davey LONDON, March 24 (Reuters) - Brita

24 Mar 2014 13:15

UK MIDDAY BRIEFING: Centamin Soars As Production Beats Expectations

LONDON (Alliance News) - Metals and minerals producer Centamin is leading the FTSE 250 index Monday despite reporting a hit to pretax profit in 2013, due to a large exceptional cost, but a significant increase in revenue and production.

Centamin said pretax profit f

24 Mar 2014 12:15

UK WINNERS & LOSERS: Barratt Falls On Return To FTSE 100, Downgrade

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.

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FTSE 100 - LOSERS

Barratt Developments, down 2.1%. Following the quarterly FTSE review on Ma

24 Mar 2014 11:26

TOP NEWS: Dixons And Carphone Warehouse Extend Merger Deadline

LONDON (Alliance News) - The following is a summary of top news stories Monday.
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COMPANIES
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Electronics retailer Dixons Retail PLC and mobile phone retailer Carphone Warehouse Group PLC said that the Tak

24 Mar 2014 11:06

Carphone Warehouse and Dixons Retail extend merger talks - UPDATE

Carphone Warehouse and Dixons Retail have won extra time to thrash out a potential merger, but speculation has emerged that Carphone's rival Phones4u may make a counter-bid. Mobile phone retailer Carphone and Dixons, which owns electrical and computer retailers Currys and PC World, have asked Brita

24 Mar 2014 10:12

Dixons, Carphone merger talks deadline extended to May 19

LONDON, March 24 (Reuters) - Britain's Takeover Panel has granted Dixons Retail and Carphone Warehouse an eight week extension to their negotiations for a possible merger. The retailers did have a deadline of 1700 GMT on Monday to confirm whether they intended to press ahead with a deal.

23 Mar 2014 15:45

Sunday newspaper round-up: Life insurers, energy companies, supermarkets

The chief executives of some of Britain's biggest life insurers have asked regulators to intervene after the Chancellor's announcement of dramatic changes to the pensions market, the Sunday Telegraph said. The insurance bosses have contacted the Financial Conduct Authority and the Prudential Regulat

25 Feb 2014 12:16

Carphone-Dixons merger would make strategic sense, says Investec

Following the announcement by Dixons and Carphone Warehouse Monday they were in talks that could lead to a merger, Investec reckons there is good strategic logic to the two groups joining forces, given the way the industry is moving, with increasing convergence in technologies and interconnectivity.

24 Feb 2014 15:01

FTSE 250 movers: Centamin jumps on reports of Egyptian law changes

Shares of Centamin rose strongly on reports the Egyptian government's redrafted investment laws will prevent challenges from third parties on deals formed between the government and investors. According to Reuters, the news came from a cabinet source. Currys and PC World owner Dixons Retail has co

24 Feb 2014 14:28

UPDATE 3-UK's Dixons, Carphone Warehouse in merger talks

* Dixons, Carphone in "very preliminary" merger talks * Firms say no decision reached on structure of any deal * Takeover Panel sets March 24 deadline for any offer * Dixons shares up 7.9 pct, Carphone up 5.7 pct (Adds detail, background, analyst comment) By James Davey<

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Bouygues, SFR open to offers for Virgin Mobile -report

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