TITLE

Murdoch mulls group bid for H.K. telco

AUTHOR(S)
Frater, Patrick
PUB. DATE
June 2006
SOURCE
Daily Variety;6/29/2006, Vol. 291 Issue 63, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports news that Rupert Murdoch, CEO of News Corp., is bidding for the media and telecommunication assets of Pacific Century Cyber Works (PCCW) of Hong Kong. The article mentions PCCW as a converged company in the telecommunication and internet services field. Some of the companies bidding for PCCW are mentioned as Macquarie Bank of Australia and the United States based buyout firm TPG Newbridge. Details of the alliances and business partnerships of News Corp. are presented.
ACCESSION #
21523988

 

Related Articles

  • MARKET AWAITS BREAKING NEWS.  // BRW;2/7/2013, Vol. 35 Issue 3, p9 

    The author assesses the implications for the newspaper businesses and the entertainment businesses of News Corp. and its founder, Australian-born entrepreneur Rupert Murdoch, of the rise in the company's stock even after news of the company's involvement with a phone hacking scandal came out.

  • Roller coaster ride at News Corp. Mermigas, Diane // Electronic Media;01/15/2001, Vol. 20 Issue 3, p1 

    Reports on Standard & Poor's lowering of its ratings for News Corp. Corporate credit rating; Concerns on Rupert Murdoch's expenditures in the advertising market; Doubts on company's ability to complete strategic transactions without jeopardizing its plans and operations.

  • TPG sits tight in Hong Kong bid. Frater, Patrick // Daily Variety;7/27/2006, Vol. 292 Issue 17, p15 

    The article reports that the U.S. buyout firm TPG/New bridge is holding tight on its $7 billion bid for Hong Kong media and Pacific Century CyberWorks Ltd.(PCCW). Chinese government is the owner of China Netcom Corp. and does not want Hong Kong telco assets to go into non-Chinese hands. Netcom...

  • 'Bermuda Shuffle' Minimizes Transaction Taxes And Costs. Roth III, William F. // Grand Rapids Business Journal;4/18/2005, Vol. 23 Issue 16, p20 

    Comments on the effort of Rupert Murdoch to minimize transaction taxes and costs on his family's share holdings in News Corp. Amount of shares owned by Queensland Press in News Corp., according to a prospectus filed with the Bermuda Stock Exchange; Tax issue in the family's transactions.

  • New media revolutions. Rennie, Philip; Murrill, Maureen // BRW;10/06/2000, Vol. 22 Issue 39, p17 

    Reports on the deals that Rupert Murdoch signed that give United States media investor John Malone an 18 percent shareholding in News Corp. Interest of Australian investors in media stocks; Competition for U.S. classified advertising.

  • Malone Not Keen on 'Cash-Rich Split-Off' Farrell, Mike // Multichannel News;4/4/2005, Vol. 26 Issue 14, p114 

    Focuses on the preference of Liberty Media Corp. John Malone not to dispose of the company's 17 percent stake in News Corp. in a cash-rich split-off. Plans of Malone for the stake; Implication of the plan of Malone for Rupert Murdoch, chairman of News Corp.

  • Murdoch Yields on Option Plan. Higgins, John M. // Broadcasting & Cable;10/20/2003, Vol. 133 Issue 42, p6 

    Reports on the decision of executive Rupert Murdoch to cancel his stock-options plan for News Corp. executives as of October 2003. Beneficiaries of the stock-plan; Details of the stock-plan; Percentage of shareholder votes controlled by Murdoch; Companies that are similarly structured as News Corp.

  • News Corp. makes buyback offer. Szalai, Georg // Hollywood Reporter -- International Edition;6/14/2005, Vol. 389 Issue 29, p4 

    The article reports that Rupert Murdoch's News Corp. Ltd. on Monday became the latest entertainment conglomerate to launch a major initiative to return value to shareholders, unveiling a program to buy back as much as $3 billion in voting and nonvoting stock during the next two years amid a...

  • News Corp. ups Premiere stake. Hayes, Dade // Daily Variety;5/20/2008, Vol. 299 Issue 32, p5 

    The article reports that News Corp. continues to improve its stake in Premiere company, a German pay television operator, and has been boosting its equity position in the firm since January 2008. It states that News has also stakes in pay TV entities BSkyB and SKY Italia. According to Rupert...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics