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Cell C is said to sell $464 million of bonds amid reorganisation

Bloomberg Cell C Pty Ltd. plans to raise as much as $464 million from the sale of two bonds as part of the South African mobile-phone company’s recapitalisation that will enable Blue Label Telecoms Ltd. to buy a stake, according to two people familiar with the matter. The country’s third-largest wireless carrier will sell $184 million of three-year senior secured ...

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UniCredit: 400,000 accounts hacked, exposing data

Bloomberg UniCredit SpA, Italy’s No. 1 bank, said hackers accessed about 400,000 client bank accounts in Italy, taking biographical and loan data in one of the biggest breaches in Europe to date. The breaches occurred in September and October of 2016 and June to July of this year, the bank said on Wednesday in an emailed statement. Unauthorised access through ...

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Malaysia Air seeks partners for Hajj-focused services

Bloomberg Malaysia Airlines Bhd. is in talks with potential investors for new charter flights to carry Muslim travelers on the annual Hajj pilgrimage, a service planned to give a new lease of life to surplus A380 superjumbos at the unprofitable carrier. The carrier will apply for a license with Malaysian authorities this quarter and expects the service — a separate ...

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