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France Telecom bond yields dip on MobilCom deal.
LONDON : Yields on bonds of France Telecom fell on Tuesday after the firm said it had struck a deal with German affiliate MobilCom allowing the latter's CEO to step aside, ending a bitter dispute between the partners.
France Telecom said MobilCom founder Gerhard Schmid and his associates would sell their shares to banks, allowing the French operator to tighten its grip on the German mobile firm without immediately taking on new debt.
France Telecom's 6.75 percent euro bond due March 2008 was bid at a yield of 188 basis points more than benchmark government bonds at four basis points tighter on the day in what dealers said was sluggish pre-Easter trading. …
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- MobilCom threatens to sue France Telecom.
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Newspaper article from: The Daily Deal
September 12, 2002
700+ words
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- France Telecom nears MobilCom deal.
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Newspaper article from: The Daily Deal
May 29, 2002
700+ words
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- France Telecom sued by MobilCom founder (Klage gegen France Telecom).
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News wire article from: Europe Intelligence Wire
December 24, 2004
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- Mobilcom set to drop France Telecom case (Mobilcom verzichtet auf Klage gegen...
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News wire article from: Europe Intelligence Wire
July 18, 2005
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- MobilCom will not demand compensation from France Telecom (Mobilcom-Anleger...
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News wire article from: Europe Intelligence Wire
May 21, 2004
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