Tuesday, 20 December 2011

Financial News

Deutsche Telekom – The collapse of AT&T’s planned purchase of Deutsche Telekom’s T-Mobile USA unit forces it to rethink its US strategy.

AstraZeneca – Investors in the Anglo-Swedish drugmaker should not yet worry about the failure of research. This is all part of the business model of a pure-play pharmaceutical company.

Repsol / Sacyr – Spanish oil company buys 10 per cent stake in itself to rescue its biggest shareholder from a debt default.

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