British telecoms giant Vodafone is in advanced talks to sell its Italian unit to Switzerland's Swisscom, agreeing on a preliminary price of eight billion euros ($8.7 billion), the companies said Wednesday.Swisscom said it would merge Vodafone Italy with its own Italian unit, Fastweb.
Country Garden Holdings Faces New Crisis as Creditor Seeks Liquidation The Chinese developer said Ever Credit Ltd. had filed the petition in relation to the nonpayment of a term loan of about.
Rent the Runway s Plan for Regrowth Starts With a New Marketing Chief The fashion rental service has spent the best part of four years fixing its operations. Now it says it is ready to start.
(Bloomberg) Swisscom AG is in advanced talks to buy Vodafone Group Plc’s Italian business for €8 billion ($8.7 billion) on a cash and debt-free basis after fending off competition from rivals including French billionaire Xavier Niel. Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tower Deal for $1 Reveals Anxiety Among Longtime BuyersA Spike in Heart Disease Deaths Since Covid Is Puz
Baidu s Fourth-Quarter Net Profit Fell Despite Higher Revenue Chinese search-engine giant Baidu reported a nearly 6% increase in revenue for the fourth quarter, thanks to higher sales from its.