Ericsson on brink of £1.2bn Marconi deal October 25, 2005 Swedish mobile phones giant Ericsson is expected to announce a £1.2bn cash deal this morning to purchase the major assets of British engineering group Marconi. Marconi shareholders are expected to receive a cash pay out of £2.50 to £3 per share at the start of next year. That is close to the price shares in [...]