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Tag: merger
Holden biotech firm in merger deal
2013-10-06 23:48:30| Semiconductors - Topix.net
Finance can create some odd creatures. This comes to mind in considering the fate of Hygeia and Canterbury Labs - owners of dermatology-related intellectual property - that operates from the homes of CEO Yael Schwartz and her co-founder in the Worcester area.
Tags: deal
firm
biotech
merger
Judge signs off on shipping merger
2013-10-05 18:31:29| Trucking - Topix.net
Anchorage Superior Court Judge Andrew Guidi approved the deal this week after the close of a 60-day comment period which saw no objections, KTOO reported .
Tags: shipping
signs
judge
merger
Court OKs AML-Northland Services Shipping Merger
2013-10-04 04:04:59| Trucking - Topix.net
An Anchorage superior court judge has approved a deal allowing Lynden Inc. to buy out its shipping competitor, Northland Services.
Tags: services
shipping
court
merger
Contango, Crimson Complete Business Merger
2013-10-02 19:45:00| OGI
The combined company will be a well-positioned Houston-based independent oil and gas company with a balanced offshore Gulf of Mexico and onshore Texas production profile.
Tags: business
complete
merger
crimson
Portugal Telecom, Oi agree merger
2013-10-02 09:52:00| Telecompaper Headlines
(Telecompaper) Portugal Telecom and Brazilian operator Oi have signed a memorandum of understanding on a potential merger of the two operators. The new company would combine the activities of Oi in Brazil and Portugal Telecom in Portugal and Africa, consolidating the industrial alliance agreed by the operators in 2010. The companies expect operational and financial synergies of approximately BRL 5.5 billion from the merger. The new company CorpCo would be listed both on the Bovespa exchange in Brazil and Euronext in Lisbon, helping to increase liquidity and diversify the shareholder base. No single shareholder or group of shareholders would have a controlling stake. Zeinal Bava, CEO of Portugal Telecom from 2008 to 2013 and current CEO of PT Portugal and of Oi, will be CEO of the new company. On a prof forma basis, the merged group had pro forma revenues of BRL 37.5 billion in 2012, EBITDA of BRL 12.8 billion and operating cash flow of BRL 4.2 billion and served over 100 million customers.
Tags: agree
portugal
telecom
merger
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