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Arcadia agrees new 25m deal with pensions watchdog

2019-06-05 15:47:00| Daily apparel & textile news and comment - from just-style.com

Arcadia Group has agreed terms of a GBP25m (US$31.8m) pension scheme with its trustees and The Pensions Regulator (TPR) in a move that lessens the likelihood of the Topshop, Topman, Miss Selfridge, Burton and Dorothy Perkins chains collapsing into administration.

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Philip Green agrees 25m pension deal ahead of key vote

2019-06-04 20:12:17| BBC News | Business | UK Edition

Retail tycoon Sir Philip Green strikes the deal before a crucial vote over the future of Arcadia.

Tags: key green deal vote

 
 

BP Agrees To Sell Egyptian Assets To Dragon Oil

2019-06-03 17:20:44| OGI

Reuters reported last month that London-based BP was nearing the sale of the Egyptian assets to Dragon Oil for over $600 million, citing industry and banking sources.

Tags: sell oil assets dragon

 

Tele2 agrees exit terms from Kazakhstan with Kazakhtelecom

2019-05-23 09:43:00| Telecompaper Headlines

(Telecompaper) The Tele2 Group has agreed with Kazakhstan national operator Kazakhtelecom on the price for its share in their joint venture. The net proceeds to Tele2, after deducting the existing earn-out liability, will be USD 169 million. In addition Tele2 will receive full repayment of its shareholder loan amounting to KZT 80 billion. The transaction is expected to close at the end of June.

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Comcast gives Disney control of Hulu, agrees buy-out option

2019-05-14 16:30:00| Telecompaper Headlines

(Telecompaper) Comcast has agreed to hand control of the OTT TV platform Hulu to Disney. The latter already owns a majority of the shares and will assume full operational control of Hulu, effective immediately. In return, Comcast secured a guaranteed price for its stake in Hulu if its decides to sell to Disney in the next five years. 

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