Tag: buyout
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A tycoon may be about to spend £9 billion to buy O2 and merge it with Three?
Mobile network operator O2 is reportedly in talks with one of Asia’s richest men who may buy it for £9 billion. O2 is Britain’s second largest mobile operator. This deal if true would unite O2 and Three according to The Sunday Times. Telefonica, which owns O2, is in talks with Three’s owner, the corporate group…
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HMV future secured with Hilco Buyout – 150 shops and 2,500 jobs secured
It’s now official; UK retail chain HMV has been officially bought by restructuring and investment firm Hilco in a deal worth £50 million, which will mean that hundreds of stores will not be closed across the UK and many jobs will be saved. At the start of 2013 a spate of UK stores went into…