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Dutch govt wants first say in any acquisition of KPN

2014-06-11 07:05:00| Telecompaper Headlines

(Telecompaper) The Dutch government has issued a new bill aimed at better protecting the national telecom infrastructure. Any company seeking to control either KPN or its networks must first obtain a certificate of no objection from the ministry of economic affairs. The bill is the brainchild of minister for economic affairs Henk Kamp, who also put forth the idea on behalf of minister for security and justice Ivo Opstelten. The government considered partially reversing the privatisation of KPN as an alternative instrument, but then rejected the idea. The same went for getting a golden share. The government felt it was too expensive and may not be in line with EU rules. Kamp said he wants to bring a final bill to Parliament in the spring of 2015, after consultation with bodies such as the European Commission. Kamp added that the current Telecommunications Act was inadequate to address the issues relevant to a potential takeover of KPN. A penalty imposed by ACM would have little effect on a party putting its business interests in second place.

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Georgia-Pacific Completes Asset Acquisition of Chip Mill in Bernice, Louisiana

2014-06-10 23:53:58| Paper - Topix.net

The Bernice chip mill produces "clean chips" from logs that have been debarked before the chipping process, and are used to make paper products.

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Heidelberg announces full acquisition of Gallus

2014-06-10 07:00:00| Label and Narrow Web Breaking News

The full acquisition of Gallus is centered around developing the growing market for digital label production.

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Merck challenges Gilead with $3.85B hepatitis C acquisition

2014-06-10 05:02:20| Biotech - Topix.net

Merck will spend about $3.85 billion for Idenix Pharmaceuticals, a small company developing hepatitis C medicines that, together with Merck's experimental drugs, could produce lucrative combo therapies that quickly cure most patients with the blood-borne virus afflicting tens of millions.

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Franklin Electric announces acquisition in Brazil

2014-06-09 22:18:37| Electronics - Topix.net

If you are interested in this story, you might be interested in others from The Journal Gazette.

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