The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0900 GMT on Monday: ** U.S. electricals retailer Best Buy Co Inc has agreed to purchase British partner Carphone Warehouse out of their fast-growing U.S. mobile phone venture for over $1 billion, a person with knowledge of the deal said.** France Telecom and media group Publicis announced a venture-capital fund targeting the digital economy on Monday with a targeted size of 300 million euros ($412.8 million).
Best Buy Co., Inc. is a multinational retailer of consumer electronics, home office products, entertainment products, appliances and related services. Shares of BBY remained unchanged at $27.31. In the past year, the shares have traded as low as $22.10 and as high as $45.63. On average, 7525210 shares of BBY exchange hands on a given day and today's volume is recorded at 0.
France Telecom SA is a France-based telecommunications operator. Shares of FTE remained unchanged at $17.47. In the past year, the shares have traded as low as $15.16 and as high as $24.60. On average, 1874380 shares of FTE exchange hands on a given day and today's volume is recorded at 0.
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