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Comcast confirms plans for 21st Century Fox offer, outbidding Disney
2018-05-23 14:14:00| Telecompaper Headlines
(Telecompaper) Comcast has confirmed it's preparing a bid for much of 21st Century Fox that would beat Disney's earlier offer of USD 52.4 billion. The company did not disclose the terms of its expected bid, but said it would be all cash, rather than the shares offered by Disney, and cover the same assets, excluding the Fox network and cable channels.
TIM confirms Genish as CEO, names Fulvi as chairman following Elliott boardroom coup
2018-05-08 08:37:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) has announced the reappointment of Amos Genish as its CEO and independent director Fulvio Conti as its chairman after activist fund Elliott succeeded in its bid to take control of the company's board from leading shareholder Vivendi. In a statement, the operator said Conti, a former TIM manager and CEO of state-controlled utility Enel, would replace Vivendi CEO Arnaud de Puyfontaine as TIM chairman, with head of security Stefano Grassi temporarily assigned powers to manage all assets deemed strategic for national security and defence.
Adidas confirms FY guidance as Q1 profit jumps 17%
2018-05-03 12:09:00| Daily apparel & textile news and comment - from just-style.com
Adidas has confirmed its full-year guidance after booking a "successful" start to the year, which saw the German sportswear giant book double-digit top and bottom-line growth in the first quarter.
Tags: profit
guidance
adidas
confirms
Nokia confirms sale of Digital Health Unit
2018-05-02 02:00:00| Total Telecom industry news
Finish mobile technology giant, Nokia, will sell off its Digital Health business unit, according to a company release. The digital health business unit will be sold to Eric Careel…read more on TotalTele.com »
Tags: health
sale
digital
unit
Distilled Spirits Council launches CEO hunt as Kraig Naasz confirms exit
2018-04-30 15:53:00| Daily beverage news and comment - from just-drinks.com
US trade body the Distilled Spirits Council is looking for a new leader after president & CEO Kraig Naasz announced his departure.
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