| Bids made for France's Club Internet-newspaper
PARIS, April 12 (Reuters) - Several groups have made bids for French Internet operator Club Internet which has been put up for sale by Deutsche Telecom (DTEGn.DE: Quote, Profile, Research), the La Tribune newspaper said on Thursday. It said rival operators Neuf Cegetel (NEUF.PA: Quote, Profile, Research) and Iliad (ILD.PA: Quote, Profile, Research) as well as Ypso had made bids last week. Ypso is made up of investment funds Cinven and Altice which own cable television and Internet operator Noos Numericable. The paper said the price for Club Internet, which has 600,000 ADSL clients, could be close to 500 million euros ($671.3 million). However, the paper said Club Internet made a 2006 operating loss of some 100 million euros on sales of 200 million euros due to heavy investments to deal with client growth.
Auction of state's slots licenses proposed
INDIANAPOLIS -- Licenses to operate slot machines at Indiana's horse tracks should be auctioned to the highest bidder if track owners aren't willing to pay substantial license fees, a senator negotiating a compromise on the legislation said yesterday. Sen. Luke Kenley, R-Noblesville, said lawmakers have a responsibility to taxpayers to get as much money as possible for the licenses, although he prefers that the two state racetracks run the slot operations. .
Auctions fetch HUDA Rs 740 cr in three months
Gurgaon, March 27: The booming real estate prices have left the Haryana Urban Development Authority (HUDA) richer by around Rs 740 crore since December 2006. The authority has been making huge profits by auctioning various sites monthly. On Monday, a hotel site in Sector-14 went for Rs. 61 crore against the reserve price of Rs 36 crore. The site was auctioned to M.D.L.R. Hotels. Among all the auctioned sites in March this year, the lowest auction went for 45.50 lakh for a single storey booth measuring 22.68 square metre in Sector 21. .
Non-core YUKOS assets fail to attract bids
RBC, 19.04.2007, Moscow 17:58:33.An auction for the bankrupt Russian oil company YUKOS's non-core assets included in Lot No. 6 garnered no attention from bidders, the Russian Federal Property Fund's press office reported. The federal fund is acting as the auctioneer of YUKOS assets. Bids were welcomed between March 19 and April 18, 2007. Lot No. 6 included eight non-core YUKOS assets and was offered for RUR3,129,500 (approx. USD121,534). Ten latest news Other news .
EBay results bolstered by newer businesses
NEW YORK: EBay posted better-than-expected profit in the first quarter as several of its newer businesses compensated for disappointing results in its mainstay auction service. The faster-growing units include shopping.com, a price comparison site; some classified listing sites; a service to let online merchants accept credit cards; and Skype, the online voice chat service. "We are on track with our well-crafted portfolio," Meg Whitman, eBay's chief executive, said in an interview after the earnings report Wednesday. The results sent eBay's stock up about 3 percent in after-hours trading. Overall, the company earned $377 million in the first quarter, up 52 percent from a year earlier. Excluding charges related to stock-based compensation and some other items, the company earned 33 cents a share, above the 29 cents that analysts had predicted.
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