Feeds

Dixons confirms Freeserve For Sale option

And more tales from The Bubble Economy

  • alert
  • submit to reddit

Internet Security Threat Report 2014

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 5 reasons to deploy VMware with Tegile

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.