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UPDATE 2-Reckitt in $482 mln deal to sell Bristol drugs in LatAm

2013-02-12 15:39:00| Biotech - Topix.net

Reckitt Benckiser is paying Bristol-Myers Squibb $482 million for the right to sell some of its non-prescription remedies in Brazil, Mexico and other parts of Latin America.

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Spain loses nearly 2.7 mln mobile lines in 2012

2013-02-12 09:59:00| Telecompaper Headlines

(Telecompaper) Spain shed over 2.7 million mobile lines in 2012. Fixed broadband was the only market that grew in 2012, with net adds totaling 416,000. The number of fixed broadband lines increased by 3.7 percent year-on-year, mainly boosted by alternative operators. The fixed telephone market decreased in 2012 for the fifth consecutive year.

Tags: mobile lines spain loses

 
 

Nicaragua - Sugar mills to invest $60 mln in co-generation, raise output in 2012/13

2013-02-12 06:51:29| Sugar Industry News

Nicaragua\'s sugar industry will invest up to $60 mln in co-generation plants by 2015 to produce 150 MW of energy, local press reports said.

Tags: in output raise sugar

 

OTE to sell satellite unit to Arabsat for EUR 208 mln

2013-02-08 09:04:00| Telecompaper Headlines

(Telecompaper) Greek operator OTE has agreed to sell its satellite unit Hellas Sat to Saudi Arabia-based Arabsat for EUR 208 million. The deal values the company at EUR 157 million, or 7 times EBITDA for 2012, plus Hellas Sat's cash of EUR 53.4 million. OTE CEO Michael Tsamaz said in a statement said that the value of the deal was "satisfying". The transaction is expected to be completed in the second quarter, pending regulatory approval. Hellas Sat has the exclusive use of the orbital position of 39 degrees East and all associated radio frequencies from Greece and Cyprus. It operates the Hellas-Sat 2 satellite, with wide coverage of Europe, the Middle East and South Africa. The company has over 100 customers in 26 countries.

Tags: sell eur unit satellite

 

France - France AgriMer sees 2012/13 sugar production down 0.6 mln t

2013-02-05 06:53:00| Sugar Industry News

France AgriMer on January 31 published its first forecast for France\'s 2012/13 sugar output in which it sees sugar production on the mainland falling sharply to 4.137 mln tonnes, white value, from 4.775 mln in 2011/12.

Tags: t france production sugar

 

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