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DT agrees Slovak Telekom buy-out for EUR 900 mln
2015-05-19 13:26:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom announced an agreement to acquire the remaining 49 percent in Slovak Telekom it does yet own from the Slovakia government for EUR 900 million. The Slovak government earlier planned an IPO for its stake, until it received a better offer from the German operator. Deutsche Telekom said the price corresponds to an enterprise value of 3.8 times the operator's EBITDA. Claudia Nemat, DT board member for Europe, said ST is a "highly attractive asset", as the only quad-play provider in Slovakia and leading fixed-line operator. Furthermore, it is the second of DT's subsidiaries to operate an all-IP network and recently adopted the operator's Magenta One converged fixed-mobile strategy. The acquisition of the remaining shares allows for simplification of the capital and governance structure of Slovak Telekom and will keep a greater share of cash at the operator, due to an end to dividends to minority shareholders. Slovak Telekom is already fully consolidated by Deutsche Telekom, so the transaction has no impact on group revenue and EBITDA. The transaction is not subject to regulatory approvals and is expected to be completed in the coming weeks.
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SRP agrees to $13M deal to shut coal plant
2015-05-16 00:18:59| Electronics - Topix.net
Salt River Project officials have approved the $10 million purchase of the Los Angeles share of the embattled Navajo Generating Station coal-fired power plant in northern Arizona. SRP agrees to $13M deal to shut coal plant Salt River Project officials have approved the $10 million purchase of the Los Angeles share of the embattled Navajo Generating Station coal-fired power plant in northern Arizona.
SRP agrees to $13M deal to shut coal plant
2015-05-15 18:28:37| Semiconductors - Topix.net
Salt River Project officials have approved the $10 million purchase of the Los Angeles share of the embattled Navajo Generating Station coal-fired power plant in northern Arizona. SRP agrees to $13M deal to shut coal plant Salt River Project officials have approved the $10 million purchase of the Los Angeles share of the embattled Navajo Generating Station coal-fired power plant in northern Arizona.
Micrel, one of Silicon Valley's oldest chip firms, agrees to sell to Microchip Technology
2015-05-08 04:50:02| Electronics - Topix.net
One of Silicon Valley's oldest independent semiconductor companies agreed to be sold Thursday, becoming another in a wave of chip consolidations. Micrel, which was founded in 1978 and has been run since by cofounder and CEO Raymond Zinn, has agreed to be purchased for $14 a share by Microchip Technology, an Arizona-based chip firm.
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Micrel, one of Silicon Valley's oldest chip firms, agrees to sell to Microchip Technology
2015-05-08 04:40:32| Semiconductors - Topix.net
One of Silicon Valley's oldest independent semiconductor companies agreed to be sold Thursday, becoming another in a wave of chip consolidations. Micrel, which was founded in 1978 and has been run since by cofounder and CEO Raymond Zinn, has agreed to be purchased for $14 a share by Microchip Technology, an Arizona-based chip firm.
Tags: to
technology
sell
oldest
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