C&W Worldwide extends bid deadline to 19 April

Nieuws Breedband Verenigd Koninkrijk 29 MAR 2012
C&W Worldwide extends bid deadline to 19 April
Cable & Wireless Worldwide announced an extension of the deadline for Vodafone and Tata Communications to make a takeover bid for the company. Both companies indicated earlier their interest in acquiring C&W Worldwide, and under the UK market's so-called 'put up or shut up' rules, they were required to confirm their intentions to make a bid by 29 March. Under the agreed extension, they now have until 19 April to decide whether they will make an offer.

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Vodafone,  Tata Communications,  Cable & Wireless Worldwide

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Verenigd Koninkrijk

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Voice services, Wholesale, M&A buyouts & divestments

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WERELD 24 APR 2012

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VERENIGD KONINKRIJK 19 APR 2012

Tata Communications drops bid for Cable&Wireless Worldwide

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WERELD 21 MAR 2012

Tata Comm set to make formal bid for C&WW - report

India's Tata Communications will make a formal cash offer to buy UK-based Cable & Wireless Worldwide (C&WW) and plans to raise up to USD 2 billion in debt to finance the potential acquisition, writes Dow Jones Newswires citing a person familiar with the situation. Tata's decision to bid for C&WW sets the stage for a bidding war with Vodafone Group, which expressed an interest in Cable&Wireless earlier. Vodafone has until 29 March to make a binding offer for the UK-based firm. The person familiar with the si

WERELD 6 MAR 2012

Tata Comm may raise USD 2 bln loan for CWW - report

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WERELD 1 MAR 2012

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VERENIGD KONINKRIJK 16 FEB 2012

C&W Worldwide Q3 trading in line with expectations

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VERENIGD KONINKRIJK 13 FEB 2012

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