By Soyoung Kim NEW YORK (Reuters) - French telecoms company Iliad has made a surprise offer for T-Mobile US Inc , setting up a potential bidding war with rival suitor Sprint Corp , the U.S. mobile firm now controlled by Japan's Softbank . Iliad, which has shaken up the French mobile and broadband market in the past decade with its cheap, pared-down subscriber plans, has bid $15 billion in cash for 56.6 percent of T-Mobile US at $33 per share. It said it valued the rest of T-Mobile, the fourth-largest U.S. carrier and 66.67 percent-owned by Deutsche Telekom , at $40.50 per share, and expects $10 billion of cost savings from the deal. The move is the latest in founder Xavier Niel's audacious empire building in telecoms which now includes businesses in Israel, Monaco and France and in many ways makes him a similar figure to Masayoshi Son, the head of Softbank and now his rival suitor for T-Mobile US.
By Pavel Polityuk and Natalia Zinets KIEV (Reuters) - Ukraine's parliament rejected Prime Minister Arseny Yatseniuk's resignation on Thursday and finally passed legislation he said was needed to finance an army offensive against a separatist rebellion in the east and avert a national default on its debts. The assembly's about-turn on laws it refused to back a week earlier offers relief to Kiev's Western backers, who had feared Ukraine was sliding deeper into political chaos and might renege on an international bailout as it heads into an election period. The first is that Argentina has defaulted, and the second is that Ukraine has not defaulted and never will," Yatseniuk told the chamber, making clear he would stay in office. The political battle has been taking place against the backdrop of a military campaign to win back parts of the Donbass region, which borders Russia, from the pro-Moscow rebels.
OAKLAND, Calif. (AP) — The Oakland Athletics won the Jon Lester sweepstakes, acquiring the left-hander and outfielder Jonny Gomes from the Boston Red Sox for slugging outfielder Yoenis Cespedes before Thursday's trade deadline.