Archive for December 21st, 2007



Repsol, Spain's biggest oil firm, announced Friday the sale of 14.9 percent of its Argentine affiliate YPF to Argentine businessman Enrique Eskenazi for 2.235 billion dollars (1.64 billion euros).
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Repsol, Spain's biggest oil firm, announced Friday the sale of 14.9 percent of its Argentine affiliate YPF to Argentine businessman Enrique Eskenazi for 2.235 billion dollars (1.64 billion euros).
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In Uncategorized
21Dec 07

Nokia and wireless technology firm InterDigital each declared victory in a court decision on Friday over patents related to the UMTS third-generation (3G) mobile phone standard.
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In Uncategorized
21Dec 07

U.S. sporting goods group Nike has moved closer to clinching its 285-million-pound takeover of England football kit-maker Umbro by striking a deal with the firm's biggest shareholder.
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KKR says to buy Northgate

Posted by UK Economy News
In Uncategorized
21Dec 07

U.S. private equity firm Kohlberg Kravis Roberts said on Friday it had agreed to buy software firm Northgate Information Solutions for 593 million pounds.
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A France Telecom-led consortium on Friday took control of 51 percent of state-owned Telkom Kenya in a drive to expand its presence in Africa's burgeoning mobile phone and internet sectors.
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Alitalia's board of directors said Friday it had advised the Italian government to pursue an offer by Air France-KLM to rescue the near-bankrupt airline with a long-term investment of 6.5 billion euros.
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Central bank action slowly easing crisis

Posted by UK Economy News
In Uncategorized
21Dec 07

Banks gave a lukewarm reception to the Federal Reserve's latest effort to ease credit conditions despite a report on Friday that a fourth large U.S. investment bank received a capital injection from abroad.
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Staff at seven British airports including London's busy Heathrow have voted to strike in January over a pensions row, union bosses said Friday, in a move threatening severe passenger disruption.
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UBS is reportedly facing shareholder opposition to a huge injection of funds from Singapore and the Middle East to help the Swiss banking giant overcome the US subprime mortgage meltdown.
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