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Old 21-08-07, 02:27 AM   #1 (permalink)
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Default EU approves Apax buy of Telenor Satellite Services

Investment fund management firm Apax Partners won permission from the European Union on Monday to buy Telenor Satellite Services from Norwegian telecoms group Telenor.

A statement from the EU executive said the acquisition did not raise competition concerns in either the wholesale or retail markets for satellite communications.

Source: Reuters
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