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Deutsche Telekom shares drop 1.6% in Frankfurt on mumblings that China Mobile (NYSE:CHL) may be preparing a bid for the company. DT has a market cap of $38 billion. This means this acquisition would be one of the largest ever.
Don’t Miss: EU Expected to Put a Halt to NYSE Euronext Merger with Deutsche Boerse.
Deutsche Borse and NYSE Euronext (NYSE:NYX), are cleared for the proposed merger by the Securities Exchange Commission, which finds that the merger would comply with securities laws and promote fair trading, even as European regulatory approval grows increasingly doubtful.
Google (NASDAQ:GOOG) presents new documents to strengthen its case in which the European Union is set to rule on February 13. This case will determine whether the European Union will approve GOOG’s acquisition of Motorola Mobility Holdings (NYSE:MMI).
Ezcorp (NASDAQ:EZPW) announces that it acquired a controlling interest in Mexico-based Crediamingo. It also inherited its loan portfolio of 1.25 billion Mexican peso ($92.6 million). Under the terms of the deal, Ezcorp’s total commitment will come to about $58.7 million.
Don’t Miss: Apple Hits New Milestones.
To contact the reporter on this story: Tanya Harding at staff.writers@wallstcheatsheet.com
To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com
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