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Liberty, Vodafone struggle to reach merger agreement

2015-09-16 10:52:00| Telecompaper Headlines

(Telecompaper) Liberty Global is struggling to reach agreement with Vodafone Group about an exchange or combination of assets. Liberty Global CEO John Malone told Bloomberg in a phone interview that they had not been able to agree a deal that was mutually successful. Liberty and Vodafone have been in talks since June about combining some of their businesses in Europe. Malone said there had been no proposed structure for a deal that either group could present to shareholders. However, he added that this did not mean that they would not reach an agreement. Any deal between the groups will involve intense anti-trust scrutiny, and Deutsche Telekom already said it would oppose any merger between Vodafone and Liberty in the German market.

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Fiat Chrysler, UAW reach tentative contract deal

2015-09-16 02:22:39| Automakers - Topix.net

The United Auto Workers union and Fiat Chrysler have reached a tentative deal on a new contract for about 40,000 workers that will serve as a pattern for pacts with General Motors and Ford. Terms of the deal were not disclosed Tuesday, but both sides said a news conference would be held later in the evening with UAW President Dennis Williams and Fiat Chrysler CEO Sergio Marchionne.

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Biotech 'bubble' pushes midsize buys out of reach: Roche CEO

2015-09-15 21:23:12| Biotech - Topix.net

The biotechnology sector is in a "bubble", pushing prices for medium-sized companies with experimental drugs in late-stage development out of reach, the chief executive of drugmaker Roche ( "I think this bubble will burst at some point," Severin Schwan told Reuters in an interview during a visit to London. The Swiss company continues to screen for promising acquisitions but the price of potential targets was now "far, far away" from fundamental value, he said.

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Solar Power Is Within Reach for Multifamily Owners, Developers

2015-09-14 10:00:00| National Real Estate Investor

Solar power is becoming a much better investment for owners and developers of apartment properties. The price to buy solar panels has dropped significantly, and todays photovoltaic panels are much more efficient than just a few years ago. Prices are now so low that a set of rooftop solar panels sometimes makes sense purely as an investment, without any extra cash from subsidy programs or tax credits. read more

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Global population to reach 9 billion by 2045: Yudhoyono

2015-09-12 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Tempo: The global population is expected to reach 9 billion by 2045, the former President of Indonesia, Susilo Bambang Yudhoyono, who is also the Chairman of the Global Green Growth Institute, said Friday, September 11. "We are aware that the considerable increase in the global population will raise human needs for foods, energy and so on," he said while delivering a lecture at the commemoration of Padjadjaran Universitys 58th anniversary at the Graha Sanusi Hardjadinata building in Bandung, West Java,...

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