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Technology / AI and automation

OLIVETTI & MANNESMANN STILL DISCUSSING TELCO DEAL

Ing C Olivetti SpA and Mannesmann AG are still working on the details of their proposed joint telecommunications venture (CI No 3,241), in which Mannessmann is expected to take a 49.9% stake, worth around $1.37bn. The deal is expected to close soon. Meanwhile, the company said that its talks with Wang Laboratories Inc over the sale of its computer services arm are going well.

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CBR Staff Writer

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