Feeds

Dixons confirms Freeserve For Sale option

And more tales from The Bubble Economy

  • alert
  • submit to reddit

High performance access to file storage

9 May 2000 Shares in Dixons jumped 34p in early morning trading today following last night's announcement by the electrical retailer confirming it was considering selling its stake in Freeserve. Dixons was responding to mounting speculation that it was gearing itself up for the sale. Dixons owns 80 per cent of monster ISP, Freeserve, but is unable to dispose of its shares until August. A statement issued by the Dixons board said: "(Dixons) is considering its options in respect of its shareholding in Freeserve. These may or may not include a sale or distribution of all or part of its holding." Deutsche Telecom's T-Online has already been linked to the ISP as a possible buyer. So too has BT, although none has been confirmed.


William Baird, the clothing supplier, has bought 10 per cent of 9feet.com, the online retailer of sports and activity clothing. The deal, which will see Baird initially pay 1.2 million with an option to up its holding to 47 per cent during 2000, follows the loss of its contract to supply Marks & Spencer last October.


Lastminute.com plans to set up a South African Web site after a deal with Tourvest, South Africa's second biggest travel agency. The site adds to ventures in Australia and New Zealand, along with plans to start sites in Spain, the Netherlands and the US.


It was on, then off, and now its sounds like it's back on again. OneClickHR -- which creates human resource software -- said it is planning to float on AIM after all. In April, the e-outfit was valued at 40 million. Today, they reckon it's just half that. What a difference a month makes.


Sportingbet.com has acquired Betmaker.com for around 15 million, doubling its customer base to 43,000. Sportingbet is based in the Channel Islands and Betmaker in Costa Rica. Sportingbet is in an acquistive mood as it works towards becoming a global brand. It also intends to float on the London stock exchange at the end of this year.


Streetnames is looking to float on the AIM stock market and is hoping to raise around 3.2 million.The company, which offers domain names and email addresses using the names of streets, towns and cities, also announced a deal making Loot its first partner.

Top three mobile application threats

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.