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Telecoms among targets in investor PPF's European expansion drive

EXCLUSIVE-Telecoms among targets in investor PPF's European expansion drive By Jan Lopatka and Michael Kahn PRAGUE, Nov 8 (Reuters) - PPF Group, the investment vehicle owned by central Europe's richest family, will seek more acquisitions across its portfolio including potentially some United Group assets in south-east Europe and other telecom firms, its CEO Jiri Smejc told Reuters.
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UK corporate earnings week ahead

DIARY-UK corporate earnings week ahead Nov 8 (Reuters) - Diary of U.K (.FTSE) corporate earnings for the week ahead UK EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 12-Nov-2024 BMO DCC.L DCC PLC Half Year 2025 DCC PLC Earnings Release 12-Nov-2024 02:00 AZN.L AstraZeneca PLC Q3 2024 AstraZeneca PLC Earnings Release 12-Nov-2024 02:00 VOD.L Vodafone Group PLC Half Year 2025 Vodafone Group PLC Earnings Release 13-Nov-2024 NTS ICGIN.L Intermediate Capital Group PLC Half Year 2025 In
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Helios Towers looks to digitalisation to drive growth in Africa and Middle East

CORRECTED-UPDATE 2-Helios Towers looks to digitalisation to drive growth in Africa and Middle East Corrects Nov. 7 story to show analyst quoted in paragraph 8 referred to U.S. elections, not quarterly misses By Alessandro Parodi Nov 7 (Reuters) - British telecoms infrastructure group Helios Towers HTWS.L said on Thursday it expects continued growth in 2025 as digitalisation drives demand in Africa and the Middle East.
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Spanish stocks - Factors to watch on Nov 7

Spanish stocks - Factors to watch on Nov 7 Nov 7 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: AMADEUS AMA.MC Spanish travel booking group Amadeus AMA.MC on Thursday said its third-quarter adjusted net profit rose 9.3% from the same period a year ago to 344.7 million euros ($370.38 million) thanks to a strong travel demand during the summer months.
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Telefonica Espana Agrees To Incorporate Joint Company With Vodafone Espana

BRIEF-Telefonica Espana Agrees To Incorporate Joint Company With Vodafone Espana Nov 7 (Reuters) - Telefonica SA TEF.MC : TELEFÓNICA ESPANA REACHES AGREEMENT WITH VODAFONE ESPANA TO INCORPORATE JOINT COMPANY FOR COMMERCIALIZATION OF FTTH NETWORK FOR ITS SHAREHOLDERS COMPANY WILL COVER ABOUT 3.6 MILLION PREMISES, WITH ASSETS CURRENTLY PART OF TELEF
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Safaricom trims forecast on Ethiopia's birr depreciation

UPDATE 2-Safaricom trims forecast on Ethiopia's birr depreciation Half-year EBIT grew 31.9% but expected to ease Net income fell 17.7% y/y due to birr depreciation Ethiopia operation will take another year to break even CEO says remains confident on Ethiopia success Releads, adds quotes, details throughout By Hereward Holland NAIROBI, Nov 7 (Reuters) - Kenya's biggest telecoms operator, Safaricom SCOM.NR , lowered its full-year earnings guidance on Thursday, after reporting a sharp fall in net i
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Kenya's Safaricom group EBIT at 61.6 bln shillings in H1 2024

Kenya's Safaricom group EBIT at 61.6 bln shillings in H1 2024 Nov 7 (Reuters) - Kenya's biggest telecoms operator Safaricom SCOM.NR said on Thursday its earnings before interest and taxes (EBIT) grew 31.9% year-on-year to 61.6 billion Kenyan shillings ($479.38 million) for the first half of the year to the end of September. ($1 = 128.5000 Kenyan sh
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Sustainable Finance Newsletter - Buckle up, Corporate America

Sustainable Finance Newsletter - Buckle up, Corporate America By Ross Kerber Nov 6 (Reuters) - Well, THAT column didn't age well. On Tuesday I wrote about how top U.S. corporate trade groups were urging patience for all the votes to be counted in Tuesday's elections. Like everyone else I expected it would take a while for the White House race to be decided.
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Italy - Factors to watch on November 6

Italy - Factors to watch on November 6 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY October services PMI HCOB data (0845 GMT). COMPANIES (*) UNICREDIT CRDI.MI The Italian bank raised its profit outlook on Wednesday and said it would start paying out half of its net income to investors
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British Business - Nov. 6

PRESS DIGEST-British Business - Nov. 6 Nov 6 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The 18 billion pound ($23.35 billion) merger between Vodafone VOD.L and Hutchison's 0001.HK Three to create Britain's biggest mobile operator has been provisionally cleared by the regulator if the telecom companies commit to large network investments and customer protection
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Financial Times - Nov. 6

PRESS DIGEST- Financial Times - Nov. 6 Nov 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - UK regulator paves way for 16.5 bln pounds Vodafone-Three merger - Spain's Navantia seeks extra 300 mln pounds from UK to rescue Harland & Wolff - Eurostar 39 pound ticket adverts banned by UK watchdog for second time - UK government launches new AI safety platform for businesses Overview - The
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds New Fortress Energy, Lukoil Nov 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2 100 GMT on Tuesday: * * New Fortress Energy NFE.O said it had begun work to identify strategic partners for one or more of its primary businesses to enhance its liquidity and financial flexibility.
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Italy's INWIT sees FY revenue at lower end of guidance, on stiff competition

Italy's INWIT sees FY revenue at lower end of guidance, on stiff competition MILAN, Nov 5 (Reuters) - Italy's biggest mobile telecoms towers company INWIT INWT.MI on Tuesday forecast its full-year revenue at 1.03 billion euros ($1.12 billion), in the lower part of its previous guidance due to strong competition in the Italian market. Milan-listed INWIT said earnings before interest, tax, depreciation and amortisation (EBITDA) after lease costs rose by 9% to 189.5 million euros in the third quart
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Italy's Treasury, Miner Hindustan Zinc, Emerson Electric, Updates: Nov 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Tuesday: ** Italy's Treasury has put on hold the sale of a minority stake in ITA Airways to Lufthansa LHAG.DE because of a dispute with the German carrier over the agreed price, two sources familiar with the matter said.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Nov 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday: ** The $19 billion merger between Vodafone VOD.L and Hutchison's 0001.HK Three UK is likely to be given the regulatory green light as Britain's need for investment outweighs short-term competition concerns.
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Vodafone gains after regulator says Three UK deal likely to go ahead

BUZZ-Vodafone gains after regulator says Three UK deal likely to go ahead ** Shares of Vodafone VOD.L rise as much as 1.1% to 73p, stock among top pct gainers on FTSE 100 .FTSE which is flat ** The Competition and Markets Authority in a provisional ruling said the $19 bln merger between Vodafone and Hutchison's 0001.HK Three UK is likely to be give
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UK Stocks-Factors to watch on Nov 5

UPDATE 1-UK Stocks-Factors to watch on Nov 5 Adds new items, updates futures Nov 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.2%. * VODAFONE: The $19 billion merger between Vodafone VOD.L and Hutchison's 0001.HK Three UK is likely to be given the go ahead as investment commitments outweigh competition concerns, the British regulator said in a provisional ruling on Tuesday.
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UK regulator says $19 bln Vodafone-Three tie-up likely to go ahead

UPDATE 2-UK regulator says $19 bln Vodafone-Three tie-up likely to go ahead CMA says deal potentially "pro-competitive" Approval depends on legally binding remedies Government told regulators to focus on investment Deal would cut big operators to three from four Adds context, background throughout By Sarah Young and Kate Holton LONDON, Nov 5 (Reuters) - The $19 billion merger between Vodafone VOD.L and Hutchison's 0001.HK Three UK is likely to be given the regulatory green light as Britain's nee
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Vodafone Sees CMA’s Remedies Proposal as Path to Final Clearance

BRIEF-Vodafone Sees CMA’s Remedies Proposal as Path to Final Clearance Nov 5 (Reuters) - Vodafone Group PLC VOD.L : VODAFONE AND THREE'S RESPONSE TO CMA'S REMEDIES WORKING FROM WHAT CMA HAS COMMUNICATED SO FAR THIS MORNING, BELIEVE IT PROVIDES PATH TO FINAL CLEARANCE VODAFONE AND THREE WILL NEED TO STUDY WORKING PAPER IN DETAIL. Source text: [ID:
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UK regulator says Vodafone-Three day likely to be given go ahead

UK regulator says Vodafone-Three day likely to be given go ahead LONDON, Nov 5 (Reuters) - The merger between Vodafone VOD.L and Hutchison's 0001.HK Three UK is likely to be given the go ahead as investment commitments overcome concerns over competition, a British regulator said in a provisional ruling on Tuesday. The Competition and Markets Authority said the deal had "the potential to be pro-competitive for the UK mobile sector" after the two groups set out plans to protect consumer pricing, a
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