Auna set for LBO record Three consortia of private equity firms are expected to submit bids of around e12 billion for Spanish telecoms operator Auna. If one succeeds, the deal would be Europe’s largest-ever leveraged buyout and the biggest globally since KKR bought RJR Nabisco in 1989.
MCI investors on the warpath
Investors representing 28% of MCI shares withheld ballots to re-elect the board at a shareholders annual general meeting, which could allow Qwest to reopen merger talks with the company.
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