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Telef nica preparing $6 billion asset sale: source
2016-01-12 14:01:02| Telecom - Topix.net
Spain's Telefonica SA is preparing a possible sale of non-core assets worth EUR5 billion-EUR6 billion including telephony towers, a person close to the situation said Tuesday. The well-flagged move, first announced by Telefonica officials in November, would look to help the telecom company cut its debt pile, which currently stands at EUR49.7 billion--slightly above the company's market value.
Tags: source
sale
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asset
Telefonica preparing sale of Spanish towers unit - report
2016-01-12 09:14:00| Telecompaper Headlines
(Telecompaper) Telefonica is preparing to spin-off its domestic infrastructure unit for sale by mid-2016, according to an unnamed source cited by Reuters. The company is pursuing a so-called 'dual track' process that will seek to list or make a trade sale of the unit to be made up of Telefonica's 11,500 masts in Spain as well as data centres and domestic subsea cables. "The process has started, the new unit will be formally registered very shortly and Telefonica wants to move quickly on those plans," said the source, adding that the unit could be valued at EUR 5-6 billion.
Tags: report
sale
unit
spanish
Dov Charney is preparing a $300 million takeover bid for American...
2016-01-11 12:28:13| Apparel - Topix.net
Dov Charney, the founder and former CEO of American Apparel who was kicked out of the company by his own board in 2014, is preparing a $300 million bid to buy the company back and reinstate himself as CEO. Charney is backed by Hagan Capital Group and Silver Creek Capital Partners, and their private equity unit PressPlay Group, according to a press release seen by Business Insider.
Tags: american
million
bid
preparing
NuStar and ConocoPhillips preparing to export first cargo of crude oil after lifting ban in US
2016-01-04 01:00:00| Hydrocarbons Technology
NuStar Energy and ConocoPhillips are preparing to export the first cargo of light crude oil produced in the US.
Preparing for Thanksgiving in Sunbury
2015-11-25 23:27:25| Grocery - Topix.net
Special Occasions on Second Street in Sunbury is filled with volunteers carving hams, folding clothes, and sorting toys to get ready for Sunbury's free community Thanksgiving dinner. "I can't believe how many people they feed.
Tags: preparing
thanksgiving
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