Deals Rumor Mill: Ono, Fuse, DBS Group

Law360, New York (March 14, 2014, 4:32 PM EDT) -- Shareholders in private equity-backed telecommunications company Ono are said to be close to agreeing to a deal with Britain’s Vodafone Group PLC, which offered to buy the Spanish group for about 7.2 billion euros ($10 billion), despite having given the go-ahead to an initial public offering of the company on Thursday, Reuters reports. Although the shareholders backed an IPO, they are reportedly holding out for a deal with Vodafone, sources familiar with the matter told Reuters.

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