GlaxoSmithKline Plc’s (GSK) (GSK.L) share tender offer worth $1 billion to raise its stake in the Indian unit will start on Feb 18th and end of March 5th, the manager to the offer said in a notice to the exchanges on Monday. GSK plans to raise its stake to as […]
Capital Market
Deutsche Telekom to Pay $1.1 Billion in Czech Unit Buyout
Deutsche Telekom AG (DTE), Germany’s biggest phone company, agreed to fully take over its Czech phone unit from investors including Mid Europa Partners LLP, according to the private-equity firm. The owner of the T-Mobile brand will pay 828 million euros ($1.1 billion) for a remaining stake of 39.2 percent from […]
Lenovo to Expand in West Africa as Smartphones Debut in Nigeria
Lenovo Group Ltd. (992), the world’s largest maker of personal computers, plans to expand its smartphone business in three west African countries this year as it builds on a surge in demand in Nigeria. The company will start selling models of data-enabled phones including the Vibe X and S930 in […]
