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Top The Corner News

Santander to Buy Webster Financial in $12.2 Billion Deal

Santander to Buy Webster Financial in $12.2 Billion Deal

47% Center coverage: 15 sources

Santander announced Tuesday it will acquire Webster Financial Corporation for $12.2 billion in a cash and stock deal.See the Story

Virgin Media O2 Owners in Talks to Buy UK Broadband Rival Netomnia, Sources Say

Internet · United Kingdom

Virgin Media O2 Owners in Talks to Buy UK Broadband Rival Netomnia, Sources Say

100% Center coverage: 2 sources

Virgin Media O2’s owners are in advanced talks to buy UK-based Netomnia, two people familiar with the matter said, in a step towards expected consolidation of UK altnet providers.See the Story

SEPI Chairwoman asks Indra's CEO to halt Escribano purchase, reflecting conflict of interest inherent in transaction

Madrid, Spain · Madrid

SEPI Chairwoman asks Indra's CEO to halt Escribano purchase, reflecting conflict of interest inherent in transaction

100% Right coverage: 1 sources

The Corner Bankinter | The news comes after Indra’s Board of Directors unanimously agreed to the potential purchase of Escribano Mechanical and Engineering (EM&E) on 11 December. Analysis team’s view: Negative impact, as the request by the State Industrial Holdings Company (SEPI) Chair highlights the conflict of interest inherent in the transaction. We maintain our Neutral recommendation and Target Price of €53.2.See the Story

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