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Top related persons:
Travis Perkins - 1 DAX - 1 Germany's DAX - 1 Danni Hewson - 1 AJ Bell - 1 Hewson - 1 Shreyashi Sanyal - 1 Siddarth - 1
Top related locs:
China U.S . Stockholm Millicom Bengaluru
Top related orgs:
European Central Bank - 1 U.S - 1 U.S . Federal - 1 Bank of Japan - 1 Bank of - 1 Britain's - 1 Rheinmetall - 1 Apollo Global Management - 1

Search resuls for: "Millicom"


2 mentions found


☆ European shares rise on defensive boost, post best week in 2 months
  + stars: | 2023-06-16 | by ( Shreyashi Sanyal Bansari Mayur Kamdar | Shreyashi Sanyal | Bansari Mayur Kamdar | ) www.reuters.com   time to read: +3 min
The continent-wide European STOXX 600 (.STOXX) index rose 0.5%. The index gained 1.5% in the policy-packed week, its best performance in over two months. China-focused luxury stocks such as LVMH (LVMH.PA) and Richemont (CFR.S) gained nearly 3% each, boosting the broader STOXX 600. Defensive shares such as healthcare (.SXDP) gained 0.9%, and utilities (.SX6P) climbed 1.3% to a four-week peak. The STOXX 600 broke away from a restrictive 1% trading range that was seen for much of the past two weeks, as investors gradually start putting behind major central bank events.
Persons: Travis Perkins, DAX, Germany's DAX, Danni Hewson, AJ Bell, Hewson, Shreyashi Sanyal, Siddarth, Sohini Goswami, Sherry Jacob, Phillips Organizations: European Central Bank, U.S, U.S . Federal, Bank of Japan, Bank of, Britain's, Rheinmetall, Apollo Global Management, Claure Group, Thomson Locations: China, U.S ., Stockholm, Millicom, Bengaluru
☆ Xavier Niel can feast on European telco misery
  + stars: | 2023-03-27 | by ( Pamela Barbaglia | ) www.reuters.com   time to read: +5 min
LONDON, March 27 (Reuters Breakingviews) - Xavier Niel is set to be more than a spectator in the looming consolidation of Europe’s telecoms industry. It earned EBITDA after leases of 3.3 billion euros last year. Those shareholdings have a combined market value of 1.2 billion euros, though they were partly funded through derivatives, potentially limiting the tycoon’s cash outlay. On a multiple of 6 times last year’s EBITDA of 652 million euros it’s worth little more than the 3.5 billion euros Niel and other investors paid in 2017. Smaller investments in Monaco Telecom and holdings in Senegal and the Comoros are probably worth a combined billion euros, bankers estimate.
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