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Bid deadline extended for Rio-So Paulo bullet train project supervision

2013-04-09 01:00:00| Railway Technology

EPL, Brazil's national logistics and planning group, has extended the deadline to submit bids for a tender to supervise the contractors building the BRL35.6bn ($18bn) Rio de Janeiro-Sao Paulo-Campinas high-speed rail project from 23 April to 14 May 2

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Diageo bid for United unlikely to win

2013-04-05 12:31:13| Beverages - Topix.net

UK drinks group Diageo Plc's bid to raise its stake in India's United Spirits through a mandatory public open offer is unlikely to succeed after it opted not to lift its offer price, although it remains on track to take management control of the country's biggest liquor maker.

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Plazacorp raises offer for KEYreit to $8.35 per unit, topping Huntingdon bid

2013-04-05 01:48:08| Real Estate - Topix.net

KEYreit says Plazacorp Retail Properties Ltd. has raised its friendly takeover offer for the real estate trust to top a rival bid from Huntingdon Capital Corp.

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Vodafone, China Mobile partner in bid for Myanmar licence

2013-04-04 15:02:00| Telecompaper Headlines

(Telecompaper) Vodafone announced that it has joined forces with China Mobile to bid for a mobile operator licence in Myanmar. The announcement comes on the day applications are due for the two new operator licences being offered by the Myanmar government. The operator Digicel also announced it has made a bid, with backing from George Soros's Quantum Strategic Partners and local investor Yoma Strategic Partners. A number of regional oeprators have also expressed interest, such as Singtel, AIS, PLDT, Telkom Indonesia, Airtel and KDDI. With a comparatively young and highly literate population of around 60 million, a GDP growth rate of 5.5 percent per annum and mobile phone penetration currently below 10 percent, Myanmar will be an important new market for the global mobile industry, Vodafone said. The two new licences will authorise the licence holders to build, own and operate a mobile network on a nationwide basis for an initial term of 15 years.

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Soros fund partners Yoma, Digicel in bid for Myanmar telco licence

2013-04-04 02:00:00| Total Telecom industry news

Consortium one of many foreign investors vying for one of two nationwide permits.

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