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Tag: agrees
KPN agrees 3.7bn tax deal on E-Plus sale
2013-09-16 02:00:00| Total Telecom industry news
Agreement with tax authorities will enable Dutch telco to lower its tax bill from 2014.
Thai Trader Agrees $5.2m Settlement over Smithfield Insider Trading
2013-09-10 02:00:00| ThePigSite - Industry News
US - A Bangkok-based trader has agreed to pay $5.2 million to settle charges that he traded on inside information in advance of a public announcement about the proposed acquisition of Smithfield Foods by by Shuanghui International.
Tags: trading
insider
thai
settlement
US: Neiman Marcus agrees $6bn takeover deal
2013-09-09 18:57:00| Daily apparel & textile news and comment - from just-style.com
Upscale department store retailer Neiman Marcus is to be acquired by Ares Management and Canada Pension Plan Investment Board (CPPIB) in a deal worth US$6bn.
Tags: deal
agrees
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Vodafone agrees Verizon Wireless sale for USD 130 bln
2013-09-03 08:43:00| Telecompaper Headlines
(Telecompaper) Vodafone has reached an agreement to sell its 45 percent stake in Verizon Wireless to its US partner Verizon Communications, giving the latter 100 percent control of the mobile operator. Verizon will pay a total USD 130 billion, including USD 58.9 billion in cash, USD 60.2 billion in Verizon shares, USD 5.0 billion in the form of Verizon loan notes, Verizon's 23 percent stake in Vodafone Italia (valued at USD 3.5 billion), and Verizon's assumption of USD 2.5 billion in Vodafone debt related to the US group. Vodafone plans to return 71 percent of the proceeds to its shareholders, while GBP 6 billion will be go to a new three-year investment programme called Project Spring. The latter will see the group accelerate its 4G roll-out to 90 percent of its five main European markets by 2017, enhance 3G coverage and capacity in mature and emerging markets, extend its fixed broadband services based on fibre and VDSL, upgrade distribution outlets, improve the portfolio of enterprise services, speed up the deployment of mobile payment services and develop new systems to improve customer experience and simplify operations. The shareholder pay-out will include a mix of the Verizon shares and cash, worth in total 112 pence per share. In addition Vodafone pledged to increase its 2014 dividend by 8 percent to 11 pence per share. After the divestment of the Verizon Wireless stake, shareholder pay-out and proposed Kabel Deutschland takeover, the company's balance sheet will remain strong, with net debt at 1.0 times EBITDA.
Tags: sale
wireless
usd
agrees
Verizon agrees to stake from Vodafone for $130B
2013-09-02 23:02:42| Telecom - Topix.net
With her lips and tongue swollen, U.S. endurance swimmer Diana Nyad edged closer to Florida on Monday in her attempt to become the first person to swim the treacherous waters from Cuba to Key West without a shark... With her lips and tongue swollen, U.S. endurance swimmer Diana Nyad edged closer to Florida on Monday in her attempt to become the ... (more)
Tags: agrees
vodafone
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