Selling off the crown jewels? BT is reportedly in talks to sell a multi billion pound stake in its hugely valuable Openreach division
TECHNOLOGY POWERING BUSINESS
News Merger and acquisition
Virgin Media And O2 Join Forces In Joint Venture
Major UK telecom shakeup...O2's ownership odyssey continues, with confirmation it is to merge with Virgin Media to take on the BT/EE juggernaut
ICANN Halts .Org Sale To Private Equity Group
Domain supervisor ICANN 'withholds consent' for the sale of the .org domain registry to a private equity firm, following months of protests
Facebook Invests $5.7 Billion In Indian Conglomerate
Social network makes biggest acquisition since acquiring WhatsApp by purchasing 10 percent stake in Indian firm Reliance Industries
Former Spy Boss Calls For UK To Stop China Buying Western Firms
Former head of MI6 says the West needs to stop China getting strategic technology by acquiring Western firms, as technology rivalry with the West rises
Backbencher Demands Halt Of Chinese Takeover Of Imagination Technologies
David Davies says government must employ every mechanism to prevent removal of tech base of Imagination Technologies to China
Coronavirus: Xerox Ends Hostile Takeover Bid For HP
Setback for Carl? Printer maker Xerox cites Coronavirus pandemic 'turmoil' as reason for withdrawing $35 billion bid for HP
Coronavirus: HP Laments Xerox Hostile Bid Amid Pandemic
HP has written to its shareholders to argue that now is not the time for an unsolicited takeover, with Xerox's 'irresponsible capital structure'
HP Implements Punitive CEO Pay Off To Discourage Xerox
Another poison pill tactic to discourage Xerox's advances, sees HP management implementing a stiff pay out for CEO, post-takeover
HP Rejects Xerox’s Sweetened Takeover Offer
Still a firm no. HP's board of directors tell Carl Icahn and Xerox that their $35 billion takeover offer still undervalues it
Xerox Launches Bid To Acquire All Outstanding HP Shares
Fight, fight, fight. Printer maker Xerox launches its official tender offer for all outstanding shares in PC giant HP
Nokia At Centre Of Merger Speculation – Report
Media report that Nokia is exploring its strategic options including asset sales or mergers, triggers rise in share price
HP $15 Billion Share Buyback To Thwart Xerox Advances
HP board announces 'financial value creation plan' that will see it buy back billions in shares, to defeat Xerox's offer that 'meaningfully undervalues HP'
Dell Sells Cybersecurity Division RSA Security
RSA Security is to be sold to a consortium for just over $2 billion, as Dell seeks to 'simplify' it business and product portfolio
Google Acquisition Of Looker Data Sciences Approved
Alphabet unit completes $2.6bn acquisition of Looker Data Sciences after approval from British competition watchdog
US Judge Approves T-Mobile’s Sprint Acquisition
Appeal by a number of US states that acquisition would violate antitrust laws and raise prices has been overruled by US judge
Xerox Increases Hostile Takeover Offer For HP
Show me the money! In effort to tempt HP shareholders, Xerox increases its hostile takeover offer from $33.5 billion to $34 billion
US Mulls Controlling Stake In Ericsson, Nokia To Counter Huawei
US Attorney General William Barr suggests the US and its allies take 'controlling stakes' in Ericsson, Nokia as a counter to Huawei
CityFibre Buys TalkTalk’s Fibre Network In York
Fibre disposal. TalkTalk's FibreNation division sold to CityFibre for £200 million, amid signing of wholesale agreement with CityFibre
HP Board Once Again Rejects Xerox’s Advances
We are still not interested. HP's board of directors once again rejects an unsolicited takeover approach from Xerox, saying it undervalues the PC maker
Broadcom Sells Symantec Unit To Accenture
Brief affair. Only a few months after finally acquiring it for $10.7bn, Broadcom opts to offload Symantec's Enterprise division
Intel Pays $2 Billion For AI Firm Habana Labs
Chipmaker continues to open the cheque book to fund growth of its AI expertise and portfolio, with $2 billion Habana Labs purchase
DoJ To Investigate Google’s Fitbit Acquisition – Report
What you going to do with that data? US Justice Depart will include acquisition probe into its existing Google investigation
Xerox Approaches HP Shareholders With Hostile Takeover
Xerox has approached HP's shareholders directly with its proposal that includes redundancies and asset sales, to tempt them with cash returns
Intel Mulls Sale Of Connectivity Chip Division – Report
Intel said to be considering sale of its connected home division, as it reportedly seeks a buyer for the unit
Xerox Readies Hostile Takeover Approach For HP
A bitter fight is looking increasingly likely, as HP board refuses to open books in response to Xerox demand, after it rejected $33.5bn offer
Xerox Threatens Hostile Takeover After HP Rejects Offer
Xerox has said that HP must respond by 25 November or it will launch a hostile bid, after HP rejected its $33.5bn buyout
Icahn Takes Stake in HP, Urges Xerox Merger – Report
Activist investor Carl Icahn acquires $1.2 billion stake in HP and reportedly urges merger with Xerox
Digital Realty To Acquire Interxion For $8.4bn
Data centre consolidation sees US real estate giant acquire Europe's largest colocation provider, Interxion
Is Google About To Acquire Fitbit?
Shares in Fitbit have been suspended amid reports that Google had made an offer to acquire the firm