Posts tagged 'RAW'

US telco RAW alert: nTelos targeted by Shentel?

Rumours are reaching FT Alphaville that nTelos, a US regional wireless company, is a takeover target for Shenandoah Telecommunications.

Shenandoah (better known as Shentel) has been putting together a knockout $200m offer for the Virginia-based mobile broadband provider, a nearly 50 per cent premium to Tuesday’s closing value, according to people claiming direct knowledge of the negotiations. A price of around $9.25 a share has been all but agreed, they said, against Tuesday’s close of $6.20. Read more

The colour of money in Mongolia? Turquoise

Warning! Read the boiler plate here

What follows concerns the likely actions of the government in Ulaanbaatar, which is pretty much the definition of a frontier market and all the perils that go with it. With that warning, come with us to Mongolia.

What we hear, from sources with a record of reliability, is that the government is strongly considering the purchase of a small stake in Turquoise Hill, the mining company controlled by Rio Tinto. Read more

Has FQM’s board approved a £3bn bid? Dunno — UPDATE

It’s 2:45am in Vancouver. Do you know where your investor relations department is?

Here’s this morning’s Daily MailRead more