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| Name | Symbol | Market | Type |
|---|---|---|---|
| Ericsson | NASDAQ:ERIC | NASDAQ | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.06 | -1.15% | 5.18 | 5.18 | 5.21 | 5.24 | 5.17 | 5.23 | 8,648,118 | 00:16:18 |
From Apr 2019 to Apr 2024
0731 GMT - Competition to acquire Indian telecom Reliance seems to be heating up with many industry players including Bharti Airtel, Reliance Jio and Vodafone evincing interest in the debt-laden company. But they're only offering to pay $1.8 billion on the $7 billion of debt Reliance owes lenders. Final bids are due next month, and they may climb from the initial approaches. But that could still leave lenders getting less than half of what they're owed. Reliance Communications is also facing an insolvency petition from Ericsson, which comes up for an Indian court hearing tomorrow. Investors holding RCom's $300 million of bonds are also mulling legal action against the company after it missed an interest payment recently. (manju.dalal@wsj.com)
(END) Dow Jones Newswires
November 22, 2017 02:46 ET (07:46 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year Ericsson Chart |
1 Month Ericsson Chart |
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