je.st
news
Tag: mln
UPDATE 1-US pork deal earns two China WH Group executives $600 mln bonus
2014-04-15 09:40:17| Food - Topix.net
Two senior executives of China's biggest pork producer WH Group Ltd received a combined $600 million payout for helping the Chinese company seal last year's record $4.9 billion takeover of U.S.-based Smithfield Foods Inc, an unusually high incentive for an acquisition.
UPDATE 1-Blackstone to invest $150 mln in Rentech, get two board seats
2014-04-10 21:16:15| Paper - Topix.net
Rentech Inc, which processes wood fibre, said Blackstone Group LP's credit arm would invest $150 million in the company in return for two board seats, sending its shares up as much as 19 percent.
Orange reaches over 1 mln 4G customers in Spain
2014-04-10 11:56:00| Telecompaper Headlines
(Telecompaper) Orange Spain announced that it has passed 1 million customers using its 4G network. This counts customers with a 4G device and access to the LTE network included in their tariff plan. The number increased from 530,000 at the end of 2013. Orange attributed the strong growth to its network roll-out strategy, where it ensures 90 percent of a municipality is covered with 4G before opening up the services to customers. It also claims to have rolled out 25 percent more sites in the major cities than its competitors. It's also dedicated more spectrum in the 1,800 MHz band, at 15 MHz, than rivals, supporting speeds of over 100 Mbps. Total network coverage is around 50 percent of the population, in 200 municipalities. This should increase to over 400 cities by year-end, including all the provinicial capitals and cities of over 50,000 inhabitants, as well as airpots, commercial centres and exhibition centres, equal to around two-thirds of the population. Orange also highlighted its wide range of LTE devices available. According to figures from GfK, the operator led sales of 4G devices in the country in the past six months.
Tags: in
customers
spain
orange
Petronas Chemicals, BASF agree on $462 mln investment in Malaysia
2014-04-09 16:58:23| Chemicals - Topix.net
Malaysia's Petronas Chemicals Group Bhd and BASF Nederland BV have agreed to invest 1.5 billion ringgit in an aroma ingredients complex in the central state of Pahang, according to a local stock exchange filing on Wednesday.
Tags: agree
investment
malaysia
chemicals
Cloudera raises USD 900 mln in financing
2014-04-01 08:59:00| Telecompaper Headlines
(Telecompaper) Enterprise data analytics company Cloudera has raised a total USD 900 million in new financing. This includes the previously-announced USD 160 million of funding from T. Rowe Price and three other public market investors, Google Ventures, and an affiliate of MSD Capital, the private investment arm of Michael Dell and his family, and a significant equity investment by Intel that gives Intel an 18 percent share of Cloudera. Intel and Cloudera earlier announced a collaboration on technology development but did not disclose the details of the equity invesment. Within the past year Cloudera brought to market its version of an enterprise data hub, a reference architecture based on Apache Hadoop surrounded with open source components. The new financing will allow it to accelerate growth, including through the collaboration agreement with Intel, further drive the enterprise adoption of and innovation in Hadoop, to which it is the largest open source contributor, and promote the enterprise data hub market. The US company plans geographic expansion into Europe, Asia and China through Intel's market presence. The financing is expected to close in the second quarter of 2014, subject to customary closing conditions.
Tags: usd
financing
raises
mln
Sites : [131] [132] [133] [134] [135] [136] [137] [138] [139] [140] [141] [142] [143] [144] [145] [146] [147] [148] [149] [150] next »