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Friday, 28 November 2014

Flaky Iliad bid muddies T-Mobile US sale odyssey

Epic deal

The $16 bln French telco has offered $15 bln for 57 pct of the No. 4 U.S. mobile operator. That’s bold, with financing not immediately to hand and the claimed premium reliant on improbable synergies. But the intervention may intensify antitrust objections to Sprint’s rival offer.



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