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In its fourth extension to the same firm, Royal Dutch Shell (RDS.A) extends its bid for Cove Energy to July 25th. As of Wednesday, only 3.27 percent of Cove’s shares had been tendered to Shell.
Vodafone (NASDAQ:VOD) acquires Telstra’s struggling operations in New Zealand for NZ$840 million, or $670 million. The division serves only 16 percent of New Zealand’s broadband market, but Vodafone’s ownership will enable it to compete much more aggressively with top player Telecom New Zealand (NYSE:NZT)
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