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Fiat Chrysler CEO Seeks 4.5 Mln Car Sales in 2014
2014-03-31 13:54:51| Automakers - Topix.net
Fiat and Chrysler CEO Sergio Marchionne says the combined automaker aims to sell 4.5 million to 4.6 million cars this year.
UPDATE 1-Australia's Burson Auto to raise $200 mln in April IPO - source
2014-03-26 06:12:42| Auto Parts - Topix.net
Burson Auto Parts, Australia's biggest trade supplier of car parts, plans to raise A$220 million through an initial public offering that would be the second most valuable so far this year, a person familiar with the offer said on Wednesday.
Tags: april
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Bouygues adds EUR 500 mln break-up fee to SFR bid - report
2014-03-25 08:39:00| Telecompaper Headlines
(Telecompaper) French conglomerate Bouygues did not only improve the cash element of its takeover bid for Vivendi's operator SFR, but also included a break up-up fee of between EUR 500 million and EUR 1 billion if the competition authority blocked the operation, a person familiar with the matter told La Tribune newspaper. The break-up fee would also be used if the authority imposed remedies that offset the estimated EUR 10 billion of synergies to be gained from the acquisition. Another source close to the discussions confirmed the existence of a break-up fee, but said it amounted to a maximum of EUR 500 million. Bouygues, which is offering Vivendi EUR 13.15 billion plus a 21 percent stake for Vivendi in the merged Bouygues Telecom-SFR, would not comment on the matter. Vivendi is in exclusive negotiations with cable operator Numericable's parent company, Altice, until 4 April about its rival bid of EUR 11.75 billion plus a 32 percent share for Vivendi in a combined Numericable-SFR. Separately, sources told the Wall Street Journal that Numericable does not plan to raise the value of its bid.
UPDATE 2-Data storage firm Box files for U.S. IPO of about $250 mln
2014-03-25 07:01:08| Apparel - Topix.net
Data storage provider Box Inc aims to raise about $250 million in an initial public offering, becoming the latest contender from a wave of "cloud-based" companies to test the frothy market for technology listings.
US cable companies add 2.6 mln internet customers 2013
2014-03-17 18:32:00| Telecompaper Headlines
(Telecompaper) The seventeen largest cable and telephone providers in the US, representing about 93 percent of the market, acquired over 2.6 million net additional internet subscribers in 2013, according to a new report from Leichtman Research Group. Annual net broadband additions in 2013 were 95 percent of the total in 2012. These top broadband providers now account for 84.6 million subscribers, with cable companies having 49.3 million broadband subscribers and telephone companies having 35.0 million subscribers.
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internet
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