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Telia sells Telia Carrier to pensions investment firm Polhem Infra for SEK 9.45 bln, restores dividend
2020-10-06 09:30:00| Telecompaper Headlines
(Telecompaper) Telia Company said that it has agreed to sell its international operation Telia Carrier to pensions investment firm Polhem Infra for SEK 9.45 billion on a cash and debt-free basis but is forming a long-term partnership with Telia Carrier to enable it to keep providing network services to Telia customers. The transaction is expected to generate a capital gain of about SEK 7.00 billion and the directors are proposing an extra dividend of SEK 0.65 per share, bringing the total dividend for 2019 back to the level originally proposed in January.
Tags: firm
investment
carrier
sells
Enbridge Restores Offshore Pipelines after Hurricane Shutdown
2020-09-02 11:30:00| OGI
Two natural gas pipelines that connect offshore U.S. Gulf of Mexico production platforms resumed operation on Sept. 2, Enbridge Inc. said, after hurricane-related shutdowns last week.
Tags: hurricane
offshore
shutdown
pipelines
Nokia restores guidance as margins improve in Q2, sales down 11%
2020-07-31 08:47:00| Telecompaper Headlines
(Telecompaper) Nokia reported second-quarter sales down 11 percent year-on-year to EUR 5.09 billion, hurt by the effects of the Covid-19 pandemic and weakness in China. However, the company continued to improve profitability, thanks to its restructuring, and adjusted net earnings rose 20 percent to EUR 0.06 per share. With the impact of the pandemic less than expected in Q2, the group returned to its previous guidance for the full year.
Tags: down
sales
improve
nokia
EQT Restores Curtailed Appalachian Gas Production in July
2020-07-27 21:25:00| OGI
On a post-earnings call, Appalachia shale producer EQT said shutting in production still looked worthwhile economically and it would "look and see" before taking further actions.
Tags: july
production
gas
appalachian
The Coca-Cola Co lines up restructure, restores CMO role
2019-12-17 13:14:00| Daily beverage news and comment - from just-drinks.com
The Coca-Cola Co has announced a range of structural changes to its global growth operations and is reinstating the role of chief marketing officer, two years after its removal.
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