A subsidiary of Warren Buffett has acquired one of the largest regulated energy transmission firms in Canada, according to reports.
AltaLink will be bought by Berkshire Hathaway Energy in a deal worth nearly $3 billion. Reports say the companies expect to close the dal by the end of the year.
The Montreal-based …read more
The sides are becoming ever more polar in the debate over the Federal Communications Commission’s proposed auction rules for next year’s spectrum sale.
Only days after AT&T threatened to boycott the auction – and soon after retracted that threat – should the FCC carry on with plans to cap the amount …read more
Carlos Slim, the world’s second-richest man and owner of Mexico’s top wireless operator America Movil, is reportedly slated to acquire Bulgaria’s largest telco Mtel.
Slim, who also owns Carso Global Telecom, has already reportedly filed a merger request with Bulgaria’s competition regulator to acquire Mtel parent company Telekom Austria.
The company operates …read more
AstraZeneca has reportedly rejected a reported $106 billion buyout offer made by US peer Pfizer last Friday, claiming the bid “substantially” undervalued the company.
According to reports, Pfizer submitted its bid and UK-based AstraZeneca rejected it all in the same day. Should the companies eventually agree on a price tag, such …read more