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T-Mobile sells broadband activities to CanalDigitaal owner

2013-11-19 08:53:00| Telecompaper Headlines

(Telecompaper) T-Mobile Netherlands has agreed to sell its fixed broadband activities to CDS Group, the owner of satellite pay-TV provider CanalDigitaal. Euronet, the holding company for the T-Mobile activities which operate under the brand name Online, will remain an independent company alongside CanalDigitaal. No financial details of the takeover were disclosed. Euronet serves around 270,000 customers, in part over its own unbundled infrastructure. T-Mobile said the sale completes its new strategy started in 2012 to focus on mobile internet. The takeover is expected to help CDS expand its offering in the fixed internet and telephony market, where CanalDigital has already started offering triple-play packages. CanaldDigitaal and Online previously had a cross-selling partnership, but last year this ended. According to CDS, CanalDigitaal will continue to work with KPN wholesale and its brand Telfort for fixed-line services. CDS controls the Luxembourg-based M7 group, which offers satellite TV services in a number of European countries. The group is in turn controlled by private equity groups Providence and Airbridge.

Tags: activities owner broadband sells

 

Unilever Sells Ethnic Hair Care Brands

2013-11-19 06:00:00| Happi Breaking News

Soft & Beautiful, TCB and Pro-Line Comb-Thru to go elsewhere.

Tags: care brands hair ethnic

 
 

Activist Investor Bill Ackman, Sells in Review

2013-11-18 18:36:26| Railroads - Topix.net

The recently updated portfolio of William "Bill" Ackman, CEO of Pershing Square Capital Management, lists eight stocks, none of them new, and a total value of $10.927 billion.

Tags: review bill investor sells

 

Lloyds sells fund unit in 660m deal

2013-11-18 09:11:25| BBC News | Business | UK Edition

Fund manager Aberdeen Asset Management has bought rival Scottish Widows Investment Partnership (SWIP) from Lloyds Banking Group in a 660m deal.

Tags: unit deal fund sells

 

Weekly CFO Sells Highlight: FB, MU, SCSS, MPW, HON

2013-11-17 17:49:05| Furniture - Topix.net

According to GuruFocus Insider Data , the largest CFO sells during the past week were: Facebook Inc, Micron Technology Inc, Select Comfort Corporation, Medical Properties Trust, and Honeywell International Inc. Facebook Inc : CFO David A Ebersman Sold 923,400 Shares CFO of Facebook Inc David A Ebersman sold 923,400 shares during the past week at an ... (more)

Tags: weekly highlight sells cfo

 

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