Cable Wireless Worldwide

• Vodafone gets go-ahead for $1.6 bn takeover of CWW

  In buying CWW the mobile giant will get to boost its business with companies.

• Key investor snubs Vodafone's $1.7 bn CWW bid

  British mobile operator Vodafone's deal to buy Cable & Wireless Worldwide for an agreed 1.04 billion pounds hit a hurdle on Monday when CWW's top shareholder declined to back a bid it considered too low.

• Key investor snubs Vodafone's $1.7 billion CWW bid

  "We have declined to give an irrevocable undertaking or letter of intent to support the transaction," a spokesman said.

• Vodafone to buy Cable & Wireless Worldwide

  Vodafone is offering CWW shareholders 38 pence a share in cash, a 92% premium to the price before it declared its interest in February.

• Top cues: Asian shares fall, Tata backs out of Cable & Wireless bid

  Asian shares fall, Infosys gives up Sensex leadership

• Tata Communications says will not submit Cable & Wireless offer

  Tata Communications said that it would not submit an offer for Britain's Cable & Wireless Worldwide because it could not agree on a price.

• Tata Communication secures funding for C&W bid

  Tata Communications Ltd has secured bank financing ahead of an April 19 deadline to decide whether to make a bid for London-listed Cable & Wireless Worldwide

• Tata Communication shares up; gets government nod to bid for Cable & Wireless

  The government, one of the promoters of Tata Comm, has approved the move to bid for Cable & Wireless Worldwide.

• Vodafone, Tata Communications given until April 19 to bid for C&W Worldwide

  Tata Communications and Vodafone have both been given more time to decide whether they want to bid for Cable & Wireless Worldwide.

• C&W Worldwide may seek deadline extension for bids: Sources

  Takeover target Cable & Wireless Worldwide Plc is expected to seek more time for suitors Tata Communications and Vodafone

• Market cues: Asian markets flat, India budget woes and more

  Asian markets remained flat on Monday due to weak US home sales and rising commodity prices.

• Tata Communications gears up for Cable & Wireless Worldwide bid

  India-based Tata Communications has raised the stakes in the 1-billion-pound battle for Britain's Cable & Wireless Worldwide (CWW), ahead of the bid deadline this week, according to media reports. According to the report, Tata Communications has amassed a $2 billion (1.26 billion pounds) war chest as it prepares to go head to head with Vodafone for...

• Tata Communications seeks $2 billion in loans to finance bid for C&W

  The loan is also expected to refinance some existing debt owed by TCL.

• Tata Communications eyes bid for troubled British firm Cable and Wireless Worldwide

  Tata Communications said that it is evaluating a potential bid for Cable & Wireless Worldwide Plc.

• Tata Communications shares gain amid CWW takeover report

  Shares of Tata Communications today soared by about four per cent in early morning trade amid reports that the company was looking to bid for acquiring UK-based telecom player Cable & Wireless Worldwide (CWW).