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December 15, 1995 | Times Staff and Wire Reports
U.S.-Led Group Takes Near-Majority Stake in Belgacom: A consortium headed by Ameritech Corp. won a nearly 50% stake in the Belgian state-owned telephone company Belgacom. The deal is the latest international move for the Chicago-based regional phone company, which has telecommunications interests from New Zealand to China and Hungary. Announcing the Cabinet decision, Belgian telecommunications minister Elio di Rupo said the $2.5-billion bid from the U.S.
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BUSINESS
December 15, 1995 | Times Staff and Wire Reports
U.S.-Led Group Takes Near-Majority Stake in Belgacom: A consortium headed by Ameritech Corp. won a nearly 50% stake in the Belgian state-owned telephone company Belgacom. The deal is the latest international move for the Chicago-based regional phone company, which has telecommunications interests from New Zealand to China and Hungary. Announcing the Cabinet decision, Belgian telecommunications minister Elio di Rupo said the $2.5-billion bid from the U.S.
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