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AO likely to wind down contract mobile business as losses mount
AO may be closing down its contract mobile division as it pivots away from contract-based handsets.
MusicMagpie will be sold to AO for £10 million
AO is to buy musicMagpie £10 million. The deal is structured as a “scheme of arrangement” and is expected to be finalised pending court approval. Around 54 per cent of MusicMagpie shareholders, including key institutions, have shown support for the acquisition. A scheme of arrangementis a legal process used in corporate transactions, including mergers, takeovers,