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Tag: issue

Telefonica Deutschland raises EUR 3.6 bln in share issue

2014-09-24 15:05:00| Telecompaper Headlines

(Telecompaper) Telefonica Deutschland has raised EUR 3.6 billion in its rights issue to help finance the takeover of rival E-Plus. Shareholders subscribed for 99.92 percent of the shares on offer, and majority shareholder Telefonica exercised all its rights to maintain its stake in the German subsidiary. Each share held entitled shareholders to one new share at the discounted price of EUR 3.24. The bookrunners were sell on the market the remaining shares not subscribed in the rights issue. The issue of 1.12 billion new shares doubles Telefonica Deutschland's outstanding capital, and another 740.7 million new shares will be issued to KPN as partial payment for E-Plus.

Tags: share issue eur deutschland

UK: Mothercare GBP100m issue "to drive turnaround"

2014-09-23 14:58:00| Daily apparel & textile news and comment - from just-style.com

UK retail business Mothercare is launching a GBP100m rights issue designed to drive the turnaround of the company's UK operations, making it a digitally-led business.

Tags: issue drive turnaround mothercare

Wilmington officials frustrated with slow action on ice-rink issue

2014-09-23 07:04:06| Apparel - Topix.net

Selectmen are frustrated with inaction on the part of the non-profit affiliated with Ristuccia Arena in responding to a request for documents, and will be consulting with Town Counsel to discuss alternatives for getting the information they're looking for from the group. The board had sought meeting minutes and other records from the Investment in Youth Foundation, the non-profit group in charge of the rink, on Aug. 20 after residents complained about the lack of ice time for local groups.

Tags: action issue slow officials

Wilmington officials frustrated with slow action on ice-rink issue

2014-09-23 05:47:14| Footwear - Topix.net

Selectmen are frustrated with inaction on the part of the non-profit affiliated with Ristuccia Arena in responding to a request for documents, and will be consulting with Town Counsel to discuss alternatives for getting the information they're looking for from the group. The board had sought meeting minutes and other records from the Investment in Youth Foundation, the non-profit group in charge of the rink, on Aug. 20 after residents complained about the lack of ice time for local groups.

Tags: action issue slow officials

Climate still burning issue as leaders lay out stalls

2014-09-21 19:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Irish Times: The last time so many world leaders gathered to talk about climate change, it was an unmitigated debacle: the 2009 Copenhagen summit intended to chart a international treaty collapsed amid a welter of recriminations and set back the effort to deal with global warming. This time in New York its different, or so they say. UN secretary-general Ban Ki-moon expects each president, prime minister or potentate to pledge what his or her country will do to help achieve the agreed goal of capping the...

Tags: issue leaders burning lay

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