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Comcast confirms Time Warner Cable takeover for USD 45 bln

2014-02-13 13:08:00| Telecompaper Headlines

(Telecompaper) Comcast has agreed to acquire Time Warner Cable, in a deal valuing the US' second-largest cable operator at USD 45.2 billion. TWC agreed to the offer worth USD 158.82 per share, after earlier rejecting a bid of USD 132.50 per share from the smaller Charter Communications. Comcast will pay all in stock for TWC, offering 2.875 of its own shares for each TWC share, giving TWC shareholders 23 percent of the combined company. The companies expect to generate synergies of USD 1.5 billion from integrating their operations; including these synergies, Comcast said the deal values TWC at 6.7 times operating cash flow. Comcast said it will sell operations with around 3 million subscribers in order to keep its market share below 30 percent after the takeover. This will give it a net 8 million new customers from TWC, for a total base of 30 million. Pending regulatory and shareholder approval, the deal is expected to close by the end of 2014.  

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World's Leading Authority On Climate Change Confirms That Honeywell's New Automobile Refrigerant Has Lower Global Warming Potential Than Carbon Dioxide

2014-02-10 04:11:15| pollutiononline News Articles

Honeywell(NYSE:HON)announced today that the Intergovernmental Panel on Climate Change (IPCC), a scientific body established by the United Nations, has confirmed that Honeywell's new low-global-warming automobile refrigerant, HFO-1234yf, has a global warming potential (GWP) that is less than 1, below that of carbon dioxide

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Goodman Fielder Confirms Hamilton Closure And 125 Job Losses

2014-02-09 22:33:35| Food - Topix.net

Goodman Fielder this morning confirmed the closure of its Hamilton Huttons / Kiwi Bacon factory with the loss of some 125 jobs according to FIRST Union which represents 96 of the workers.

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Goodman Fielder Confirms Hamilton Closure And 125 Job Losses

2014-02-09 22:26:06| Agriculture - Topix.net

Goodman Fielder this morning confirmed the closure of its Hamilton Huttons / Kiwi Bacon factory with the loss of some 125 jobs according to FIRST Union which represents 96 of the workers.

Tags: job losses hamilton closure

 

UK: Industry conference confirms new speakers

2014-02-07 17:20:00| Daily apparel & textile news and comment - from just-style.com

Marks & Spencer and Crystal Martin have been confirmed as speakers at a new industry conference set to take place at the end of next month.

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