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Vivendi sells SFR to Numericable for EUR 13.5 bln, 20% stake

2014-04-06 20:12:00| Telecompaper Headlines

(Telecompaper) Vivendi's board has unanimously chosen to sell French mobile and broadband operator SFR to cable company Numericable, rather than to Bouygues Telecom, for EUR 13.5 billion of cash and a 20 percent stake in the combined Numericable-SFR. Vivendi will receive another EUR 750 million if the new company meets profitability targets. The deal means that France will continue to have four MNOs, Orange, SFR, Bouygues and Free Mobile. By joining Numericable, SFR adds a large installed base of fixed line customers to its traditional mobile business. The board cited the synergies to be gained from combining the two networks, customer benefits based on fixed-mobile convergence, a lower risk of competition issues, and the best overall value from the sale, over EUR 17 billion in cash and shares.

Tags: eur sells stake sfr

 

Insider Selling: EOG Resources CFO Sells 4,131 Shares of Stock

2014-04-05 19:40:33| Oil & Gas - Topix.net

EOG Resources CFO Timothy K. Driggers sold 4,131 shares of the stock in a transaction that occurred on Thursday, April 3rd.

Tags: resources stock selling shares

 
 

Insider Selling: EOG Resources CFO Sells 4,131 Shares of Stock

2014-04-05 18:02:55| Energy - Topix.net

EOG Resources CFO Timothy K. Driggers sold 4,131 shares of the stock in a transaction that occurred on Thursday, April 3rd.

Tags: resources stock selling shares

 

Insider Selling: John R. Peeler Sells 5,334 Shares of Veeco Instruments Stock

2014-04-05 15:31:27| Electronics - Topix.net

Veeco Instruments CEO John R. Peeler unloaded 5,334 shares of the company's stock on the open market in a transaction dated Thursday, April 3rd.

Tags: john stock instruments selling

 

Insider Selling: Daniel R. Freidman Sells 14,500 Shares of Brown Shoe Co. Stock

2014-04-05 08:33:47| Footwear - Topix.net

Brown Shoe Co. Insider Daniel R. Freidman sold 14,500 shares of the stock on the open market in a transaction that occurred on Wednesday, April 2nd.

Tags: stock brown selling daniel

 

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