Telenor plans sale of Conax TV security subsidiary

Telenor plans sale of Conax TV security subsidiary

STOCKHOLM, Oct 31 (Reuters) – Norwegian telecom operator Telenor wants to sell its television security subsidiary Conax, a divestment which is expected to mainly attract private equity firms, three sources familiar with the matter said. * JP Morgan advises...
Australia’s Nine seeks to raise $570 mln in IPO

Australia’s Nine seeks to raise $570 mln in IPO

SYDNEY, Oct 31 (Reuters) – Australia’s Nine Entertainment Co Pty Ltd is seeking to raise as much as $570 million in an initial public offering, a person familiar with the process said, a move that will help the troubled TV network pay down debt. * Shares...