OIBR 0.459 0.00 0.00 0 0.4801 0.5096 Sp
Post# of 22755
Sponsor-Backed Telecom Deals Reach $26.1B -- Market Talk
17 hours 32 minutes ago - DJNF
1549 EDT - Financial sponsors are getting a lot of deals done in the telecom industry. The volume of sponsor-backed telecom deals reached $26.1B year-to-date, the highest level for this period since 2012, when it was $31.6B, according to Dealogic. Global sponsor-backed telecom entry M&A volume accounted for 31%, or $8.1B, of total sponsor-backed telecom M&A so far in 2015. Global investment firm LetterOne Holdings' announcement that it plans to buy a stake in Oi SA (OIBR, OIBR4.BR), a Brazilian telecom company, for $4B, would be the largest sponsor-backed deal to date, Dealogic says. (Lillian.Rizzo@wsj.com; @Lilliannnn)
(END) Dow Jones Newswires
October 28, 2015 15:49 ET (19:49 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
NASDAQ DIP and RIP
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Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
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