Carphone Warehouse, Virgin agree Virgin Mobile France disposal

Reuters

Updated 30 June 2014 at 2:58 am·1-min read

LONDON (Reuters) - Britain's Carphone Warehouse and entrepreneur Richard Branson's Virgin Group have agreed to sell Virgin Mobile France, their joint venture mobile virtual network operator to Numericable for an enterprise value of 325 million euros ().

Carphone, Europe's biggest independent mobile phone retailer, owns 46 percent of Virgin Mobile France's holding company Omer Telecom Ltd. Branson's Virgin Group also owns 46 percent with the balance held by management.

The parties, having entered into exclusive talks with Numericable on May 16, said on Monday they have now signed a legally binding sale and purchase agreement.

The deal remains conditional on the approval of the French Competition Authority.

(Reporting by James Davey; editing by Kate Holton)

Yahoo News Australia
Major Lotto change affecting millions of Australians
Almost every Aussie state and territory will be included in the changes. See what's new.
20 hours ago
Yahoo Lifestyle
Bianca Censori's Disneyland outfit causes outrage over hypocrisy: 'Rules don’t concern them'
Bianca Censori is at it again but this time people are angry at a very big Disneyland double standard. Find out more here.
2 days ago
The Daily Beast
How Trump Screwed Up His Lawyers’ Ability to Do Their Jobs
Photo Illustration by The Daily Beast / Getty Donald Trump’s antics are finally catching up with him.That is, of course, true in the New York criminal trial as a whole, where Trump may be found guilty of past misconduct. But Trump’s antics are also catching up with him in a narrower, but quite meaningful way.In the New York case, the prosecutors said Thursday that they would not be providing to Trump’s legal team the names of the first three witnesses that the prosecutors would be calling to tes
8 hours ago
Yahoo News Australia
Aussie dad's unpleasant clean up job after 'dirty' 4WD mishap
The dad stood with his hands on his hips for minutes while contemplating the unpleasant task ahead of him.
18 hours ago
Hello!
Victoria Beckham's rarely-seen sister shares incredible photo alongside Spice Girl - and they could be twins
Victoria Beckham marked her 50th birthday on Wednesday and her rarely-seen sister shared a fabulous photo of her Spice Girl sister. See photo.
2 days ago
SWNS
Inside warzone suburb where gangs of feral yobs aged 9 terrorise locals
Terrified residents say their once quiet suburb has been turned into a "warzone" by gangs of feral yobs - including some as young as nine. Young tearaways regularly steal from shops, pelt peoples' homes with eggs and steal cars for so-called 'joyrides'. Locals living in Wollescote, Stourbridge, West Mids., say they can't sleep with many installing CCTV cameras to make sure their homes are safe. Police have been called in to patrol local buses after several were vandalised by teen gangs who residents say now "rule the area". Londis worker Yamuna Ramakrishnan, 21, said she was plagued by shoplifters on a daily basis. She said: "The kids steal chocolate and whatever else they can fit in their pockets. "They also take other other things from nearby shops and put them in our shop for a prank. They took chairs and put them in our shop. “It’s been happening for more than four months. They usually come usually around 8pm. “They also smash up nearby shop doors. We call police but they run away. “They just come in and disturb the customers. They don’t allow the customers to come inside.” Last week a group of youngsters stole a car and crashed into a homeowner’s Nissan Juke and demolished his wall. CCTV footage shows the stolen Honda 4x4 careering along the road before losing control and ploughing into the parked car on Worton Road.
15 hours ago
HuffPost
George Conway Details ‘Oh, It’s Daddy’ Call To Ivanka That Exposed Trump’s Fears
It showed the then-president "was very, very concerned," said the conservative attorney.
2 days ago
PA Media: UK News
Man jailed for six and a half years for ‘brazen’ rape of 15-year-old girl in sea
Judge Susan Evans KC said the ‘frightening’ attack ‘undermined public confidence’ in the safety of busy beaches.
10 hours ago
BANG Showbiz
Kourtney Kardashian hits back at body-shaming troll
Kourtney Kardashian has hit back at a body-shaming troll who made fun of her post-baby figure - declaring: "I love this body!"
17 hours ago
The Independent
Pub landlord stabbed to death by ex-sister-in-law seconds after calling police, court told
Stephanie Langley said ‘I’m glad I did it’ as paramedics tried to save him, court told
a day ago
NCA NewsWire
Higgins’ post after Lehrmann ruling
Brittany Higgins has made her first public comment after Bruce Lehrmann lost his defamation case and a judge ruled he raped her.
2 days ago
Yahoo Finance AU
Aldi worker facing 'instant termination' for failing one task issues plea to Aussie shoppers: 'Stop being whiny'
Aldi cashiers are known for their fast scanning skills, however they are also tasked with a duty that could see them instantly fired if they fail just once.
2 days ago
Yahoo Finance AU
Commonwealth Bank customer's shock as accounts shut ‘out of nowhere’: 'Just an everyday user'
Tara Zaw said she felt like she wasn't being treated like a human as she tried to work out why her accounts were closed.
2 days ago
The Independent
‘It’s an obvious murder’: Mother of teacher whose death by 20 stab wounds was ruled suicide rages as bombshell new testimony may finally prove her case
EXCLUSIVE: Ellen Greenberg’s death by 20 stab wounds - including to the back of her neck - was ruled suicide. Her mother Sandra, who has spent 13 years fighting for justice and says she will ‘never give up’, says bombshell new testimony may finally prove her daughter was murdered
10 hours ago
HuffPost
Seriously?!? Stephen Colbert Spots 'Unsettling' Poll Where Trump Has A Huge Lead
The "Late Show" host breaks down one of the strangest polls you'll ever see.
18 hours ago
Yahoo Sport Australia
Trent Robinson cops backlash from NRL fans after blowing up over Roosters loss to Storm
Trent Robinson was not happy after the loss to the Storm. Find out more here.
a day ago
NCA NewsWire
Lingerie-clad drink driver’s ‘poor decisions’
A woman who was busted drink driving in leather lingerie when she collided with a man on an e-bike has learned her fate.
2 days ago
Yahoo Sport Australia
James Tedesco charged over Ryan Papenhuyzen incident as NRL fans rip 'awful' scenes
NRL fans are all saying the same thing about James Tedesco. Read more here.
23 hours ago
The Independent
‘This is England’: Train passengers horrified as man launches into racist tirade in packed carriage
Passengers on service said they were abused by group on train after men got on at London Bridge
11 hours ago
Evening Standard
Lando Norris pips Lewis Hamilton to pole in chaotic qualifying for Chinese Grand Prix sprint race
Lando Norris took pole position for the sprint race of the Chinese Grand Prix in a chaotic qualifying session as the rain fell in Shanghai. Lewis Hamilton, who along with teammate George Russell had been struggling, looked to have taken an unlikely pole after mastering the wet conditions far better than his rivals only to be pipped late on by Norris. It equates to an all-British front row for tomorrow’s shorter race, the first sprint of the 2024 season at a time when Max Verstappen looked set to dominate the race against the clock.
17 hours ago

Latest stories