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MWV and RockTenn agree to combination creating a $16 billion global packaging leader

2015-01-27 21:46:50| Industrial Machines - Topix.net

Rock-Tenn Company and MeadWestvaco Corporation announce that they have entered into a definitive combination agreement to create a leading global provider of consumer and corrugated packaging in a transaction with a combined equity value of $16 billion. The combined company, to be named prior to closing, will have combined net sales of $15.7 billion and adjusted EBITDA of $2.9 billion, including the impact of $300 million in estimated annual synergies to be achieved over three years.

Tags: global agree combination creating

 

Aer Lingus 'willing' to agree IAG bid

2015-01-27 09:41:14| BBC News | Business | UK Edition

Irish airline Aer Lingus says it is "willing" to accept a 1.36bn takeover offer from British Airways owner IAG if the interests of "relevant parties" are satisfied.

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India and U.S. agree on some energy deals but no emission cuts

2015-01-26 10:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: On Sunday, the first day of Obamas visit to India, the president and Prime Minister Narendra Modi made a number of announcements pertaining to the environment. But none were the big one that greens were hoping for: some indication from India that bringing electricity to its hundreds of millions of poor and reducing greenhouse gas emissions are not mutually exclusive goals. The two leaders came to an agreement that would make it much easier for U.S. companies to help build nuclear reactors in...

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PLDT, Rocket Internet agree to create PH Internet group

2015-01-24 23:14:58| Telecom - Topix.net

THE Philippine Long Distance Telephone Company , the leading telecom operator in the Philippines and Rocket Internet AG , announced a new joint venture to further strengthen their existing partnership and to foster the development of internet based businesses in the Philippines on January 21. PLDT and the Asia Pacific Internet Group will become partners in the new Philippines Internet Group , which will concentrate on creating and developing online businesses in the Philippines. Through Voyager Innovations, Inc. , PLDT is investing 30m EUR for a 33.3 percent stake with an option to increase this to 50 percent.

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PLDT, Rocket Internet agree to create PH Internet group

2015-01-24 22:43:17| IT Services - Topix.net

THE Philippine Long Distance Telephone Company , the leading telecom operator in the Philippines and Rocket Internet AG , announced a new joint venture to further strengthen their existing partnership and to foster the development of internet based businesses in the Philippines on January 21. PLDT and the Asia Pacific Internet Group will become partners in the new Philippines Internet Group , which will concentrate on creating and developing online businesses in the Philippines. Through Voyager Innovations, Inc. , PLDT is investing 30m EUR for a 33.3 percent stake with an option to increase this to 50 percent.

Tags: internet group create agree

 

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