WEBVTT
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This is a parent and child deal between FTSE and NTT DoCoMo .

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For those who haven't been following this all that closely here

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in Europe bring us up to date with what's happening .

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Yeah well this was first reported overnight by the NIKKEI

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newspaper editor and we did just get clarity that this is going

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to be actually Japan's biggest deal with a parent entity wanting

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to take its mobile subsidiary unit Private NTT DoCoMo. The

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shares had been trading all day but then hit on the close .

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They're jumping the most since October 1998 when they jumped .

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Now when they listed I should say. Now we understand that NTT

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plans to bar about four point three trillion yen from banks to

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finance this deal. And the tender offer will start on September

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30. This buyout following attacks on mobile profit margins by

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the new prime minister Sue go. We have had a few analysts calls

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on this too and they come from the likes of Smart Karma

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Jefferies and Citi all saying that this plan to take NTT DoCoMo

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will be quite negative for its rivals. Katie DJI and Softbank .